CEO Of South Korean Ferry Operator Jailed For 10 Years

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South Korean ferry disaster

REUTERS/Kim Hong-Ji

Maritime police search for missing passengers in front of the South Korean ferry "Sewol" which sank at the sea off Jindo .

The head of the company that operated South Korea's ill-fated Sewol ferry was sentenced to 10 years in prison Thursday, after being convicted of manslaughter over the disaster that killed more than 300 people.

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A court in the southern city of Gwangju determined that Kim Han-Sik, CEO of Chonghaejin Marine Co., had allowed the ferry to be routinely overloaded and approved illegal renovations to increase its passenger capacity.