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October 11, 2008 1:34:22 AM CDT

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Philippines Typhoon Toll May Reach 1,000

Posted Jun 27, 08 7:51 AM CDT in World 

(Newser) – The death toll from a Philippines tycoon has climbed to more than 500—and it’s likely to keep growing, authorities say. Meanwhile, 900 are missing, including 669 who were on a sunken passenger ferry, CNN reports. More than 120 of those aboard the boat are confirmed dead, while 56 survived. Relatives are outraged that the boat was allowed to sail in such bad weather.

“People are pouncing on” the ferry company, said the head of the Philippines Red Cross. The Philippines’ president said she is “holding the ferry company accountable.” The company says victims’ families will each receive some $4,500.

Source CNN

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U.S. Navy divers and Philippine rescuers conduct a search and rescue operation for the sunken passenger ferry the MV Princess of the Stars off Sibuyan Sea in central Philippines Wednesday,   (AP Photo/Bullit Marquez)
A man posts pictures Thursday in Manila, Philippines, of his missing relatives aboard the ferry that capsized during the height of Typhoon Fengshen.   (AP Photo/Pat Roque)
Fisherfolk paddle closer to the sunken ferry MV Princess of the Stars off Sibuyan Sea in central Philippines on Wednesday, June 25, 2008.   (AP Photo/Bullit Marquez)
In this photo released by the U.S. Navy Visual News Service, standing water is visible after the wake of Typhoon Fengshen on Thursday June 26, 2008 in Roxas, Philippines.   (AP Photo/U.S. Navy)
The mother of one of the passengers of the ill-fated ferry which sank off Sibuyan Sea in central Philippines holds a photo of her son Thursday, June 26, 2008.   (AP Photo/Bullit Marquez)
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