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

10-year Treasury yield inches lower as investors monitor escalating trade tensions
World

10-year Treasury yield inches lower as investors monitor escalating trade tensions

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 20, 2025. Brendan McDermid | Reuters The benchmark 10-year Treasury yield moved lower on Wednesday, tentatively retreating from a sell-off that spurred a flight from U.S. assets on Tuesday, as fresh tariff threats ignited renewed ‘sell America’ […]

Read More
Stocks making the biggest moves premarket: Netflix, United Airlines, Kraft Heinz & more
World

Stocks making the biggest moves premarket: Netflix, United Airlines, Kraft Heinz & more

Check out the companies making headlines before the bell. Netflix — Shares of the streaming giant fell 6.8% after Netflix reported a narrow earnings beat for the quarter that ended Dec. 31, posting earnings per share of 56 cents while analysts polled by LSEG estimated 55 cents per share. The company’s revenue of $12.05 billion […]

Read More
U.S. still ‘the closest of allies’ with the UK despite rift, Finance Minister Reeves says
World

U.S. still ‘the closest of allies’ with the UK despite rift, Finance Minister Reeves says

Rachel Reeves, UK Finance Minister, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The U.S. remains the “closest of allies” with the U.K. despite a growing rift between the U.S. and Europe over the future of Greenland, Chancellor Rachel Reeves told CNBC […]

Read More