South Korea cracking down on operator in Sewol ferry disaster; CEO arrested

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A girl in Seoul, South Korea, holds a candle during a service paying tribute to the victims of the sunken ferry Sewol on Wednesday, April 30. More than 200 bodies have been found and nearly 100 people remain missing after the ferry sank April 16 off South Korea's southwest coast.

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Seoul, South Korea (CNN) -- South Korean authorities are taking steps to revoke the licenses of the company that operated the ferry that capsized last month, killing hundreds of people.


The planned measures will take away the licenses of the company for all its routes, including the one on which the Sewol passenger ferry sank, leaving more than 260 people dead and dozens still missing.


'Normally, we would cancel route by route, but in this case of Chonghaejin Marine Co., it is not just the route that is problem ... there are serious problems with firm's entire business practices,' said Nam Jae-heon, an official at the Ministry of Oceans and Fisheries.


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