Joran Van der Sloot, Natalee Holloway

Joran Van der Sloot, Natalee Holloway

ORANJESTAD, Aruba -- The key suspect in the much publicized Natalee Holloway disappearance, Joran van der Sloot, has admitted to disposing of the American student's body.

According to a Dutch newspaper and CBS News, van der Sloot said that he disposed of Holloway's body in a swamp on the island of Aruba.

Holloway was on vacation in May 2005 with about 100 classmates celebrating their graduation from Mountain Brook High School near Birmingham, Alabama.

Van der Sloot and brothers Deepak and Satish Kalpoe were the last people seen with Holloway as she left Carlos'n Charlie's nightclub in Oranjestad, Aruba, about 1:30 a.m. on May 30, 2005. More Information

The men have maintained for years they had nothing to do with her disappearance. Her body has not been found.

The high school group had planned to leave Aruba the next day, and Holloway's packed bags and passport were found in her hotel room after she failed to show up for her flight.