A 77-year-old man who found the decomposed body of ferry owner Yoo Byung-eon on June 12 could collect the W500 million bounty for reporting the discovery (US$1=W1,025).
It is the biggest reward ever offered for the capture of a criminal in Korea.
Authorities are saying they are not in a position to discuss the reward and the decision will be made by a committee at a later date. But many legal experts believe the man, identified as Park, will not be able to get entire W500 million because he reported to the police without knowing that the body was Yoo's.
But neither did the police.
Police directives stipulate that reward money can be paid to anyone who contributes to the capture of a criminal. A prosecution official said, "The criminal does not have to be alive for the person who reported it to get a reward, but in this case he will be able to get it only if he suspected that the body was Yoo’s and gave meaningful help to investigators."
But there is still a chance that Park will get a partial reward since he did after all find the country's most wanted fugitive.