Italian prosecutor opens manslaughter inquiry in Lynch yacht sinking

Italian prosecutor opens manslaughter inquiry in Lynch yacht sinking


An Italian Coast Guard vessel and rib during search operations for the luxury yacht Bayesian which sank off the coast of Porticello, Sicily, on Thursday, Aug. 22, 2024.

Bloomberg | Bloomberg | Getty Images

An Italian prosecutor has opened a manslaughter investigation into the deaths of British tech magnate Mike Lynch and six other people who were killed when a luxury yacht sank off Sicily this week.

The public prosecutor’s office of Termini Imerese, headed by Ambrogio Cartosio, announced the investigation, saying the probe was not aimed at any individual person.

Lynch’s 18-year-old daughter, Hannah, was also among those who died when the family’s 56-metre-long (184-foot) boat, the Bayesian, capsized during a fierce, pre-dawn storm on Monday off Porticello, near Palermo.

Fifteen people survived, including Lynch’s wife, whose company owned the Bayesian, and the yacht’s captain.

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially inflated Autonomy's value in an $11.7 billion sale to tech giant Hewlett Packard.

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

The captain James Cutfield and the other survivors have been questioned by the coast guard on behalf of prosecutors. None of them have commented publicly on how the ship went down.

Hannah Lynch’s body was discovered on Friday by divers who scoured the submerged vessel for the past five days. The five other dead passengers were recovered on Wednesday and Thursday, while the body of the only crew member who died, onboard chef Recaldo Thomas, was found on Monday.

The sinking has puzzled naval marine experts who say a boat like the Bayesian, built by Italian high-end yacht manufacturer Perini, should have withstood the storm and in any case should not have sunk as quickly as it did.



Source

CNBC Daily Open: U.S. producer prices are flat — but they don’t factor in imports
World

CNBC Daily Open: U.S. producer prices are flat — but they don’t factor in imports

A worker arc welds a metal door at the Metal Manufacturing Co. facility in Sacramento, California, U.S., on Tuesday, May 27, 2025. David Paul Morris | Bloomberg | Getty Images No one likes being the person who goes “but actually…”. Sometimes, however, it is necessary. The U.S. producer price index in June was flat, meaning […]

Read More
Trading in Japan’s Seven & i halted after Couche-Tard withdraws  billion bid to acquire the retailer
World

Trading in Japan’s Seven & i halted after Couche-Tard withdraws $47 billion bid to acquire the retailer

A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024.  Bloomberg | Bloomberg | Getty Images Trading in Japan’s Seven & i was halted Thursday after Canada’s Alimentation Couche-Tard withdrew its $47 billion bid to acquire the retailer. Convenience store operator Couche-Tard announced Wednesday that it […]

Read More
Expect tariff ‘cascade’ effect across slowing global economy, top UN official warns
World

Expect tariff ‘cascade’ effect across slowing global economy, top UN official warns

The leading arm of the United Nations’ organization focused on trade and development, UNCTAD, said President Trump’s tariff policies are already creating new costs and disruptions in the global supply chain, and for less developed nations that trade with the U.S., the worst economic fallout hasn’t hit yet. “We already see a disruption in the […]

Read More