This website collects cookies to deliver better user experience, you agree to the Privacy Policy.
Accept
Sign In
The Texas Reporter
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Italian prosecutor eyes attainable manslaughter fees in Mike Lynch yacht sinking
Share
The Texas ReporterThe Texas Reporter
Font ResizerAa
Search
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© The Texas Reporter. All Rights Reserved.
Business

Italian prosecutor eyes attainable manslaughter fees in Mike Lynch yacht sinking

Editorial Board
Editorial Board Published August 24, 2024
Share
SHARE

Contents
How did Mike Lynch’s Bayesian yacht sink?Who was Autonomy founder Mike Lynch?

Italian authorities are reportedly investigating the sinking of the Bayesian superyacht that killed British tech entrepreneur Mike Lynch and 6 others earlier this week.

In response to native media, the general public prosecutor of Termini Imerese has launched a probe into the shipwreck and a number of counts of culpable murder, that are equal to manslaughter fees.

Termini Imerese authorities didn’t instantly reply to a request for remark.

The Italian coast guard additionally confirmed Friday that it had recovered the physique of Lynch’s 18-year-old daughter, Hannah.

Sources instructed Italian information company Adnkronos that divers discovered many of the victims exterior their cabins, indicating they fled to the alternative finish of the yacht as they regarded for a option to escape, in keeping with the Guardian.

How did Mike Lynch’s Bayesian yacht sink?

Investigators suppose the Bayesian’s bow was the primary a part of the ship to sink earlier than capsizing onto its proper facet, the report added.

Italian media additionally mentioned investigators are speaking to the crew and taking a look at movies and photographs earlier than the yacht sank in addition to CCTV footage of the port, the Each day Mail reported.

The superyacht sank off the coast of Sicily on Monday morning with greater than 20 passengers on board amid violent storms. Along with Lynch and his daughter, the opposite victims included Morgan Stanley Worldwide chair Jonathan Bloomer and his spouse, Judy Bloomer; Clifford Probability lawyer Chris Morvillo and his spouse, American jewellery designer Neda Morvillo; and chef Recaldo Thomas.

Authorities are wanting into attainable causes Lynch’s Bayesian yacht shortly sank, when different boats close by appeared to climate the identical storm with out situation.

Who was Autonomy founder Mike Lynch?

Hailed as “Britain’s Bill Gates,” Lynch was celebrating his acquittal after a prolonged fraud trial when the yacht sank.

He had bought his software program agency Autonomy to Hewlett-Packard for $11 billion in 2011. However a yr later, HP reported an $8.8 billion write-down that included greater than $5 billion resulting from Autonomy, sparking the fraud allegations. Whereas former CFO Sushovan Hussain was discovered responsible of fraud in 2018 by a U.S. jury, Lynch was acquitted in June on all fees.

“I am looking forward to returning to the U.K. and getting back to what I love most: my family and innovating in my field,” Lynch mentioned after the decision.

Most of the 22 folks aboard Mike Lynch’s yacht had been colleagues and pals from Autonomy and Invoke Capital, an funding agency began by Lynch and a giant investor in Darktrace, a cybersecurity firm in the course of a $5 billion acquisition.

Beneficial Publication: Excessive-level insights for high-powered executives. Subscribe to the CEO Each day e-newsletter totally free right this moment. Subscribe now.
TAGGED:chargeseyesItalianlynchmanslaughterMikeprosecutorsinkingyacht
Share This Article
Twitter Email Copy Link Print
Previous Article New go well with, fee squeeze, ‘severe fines’: Inman’s High 5
Next Article 71-year-old billionaire Sir Jim Ratcliffe is in a race to safe his legacy

Editor's Pick

Sizzling Lady Summer time Begins within the Bathe—Right here’s Learn how to Prep Your Pores and skin

Sizzling Lady Summer time Begins within the Bathe—Right here’s Learn how to Prep Your Pores and skin

We might obtain a portion of gross sales if you buy a product by a hyperlink on this article. Most…

By Editorial Board 8 Min Read
Alpine’s Sizzling Hatch EV Has a Constructed-In, ‘Gran Turismo’ Model Driving Teacher

One other win over its Renault 5 sibling is a multi-link rear…

3 Min Read
Louis Vuitton Is Dropping a New Perfume As a result of It’s Sizzling | FashionBeans

We independently consider all beneficial services and products. Any services or products…

2 Min Read

Latest

“A Family’s Fight to Reclaim Their Legacy”

“A Family’s Fight to Reclaim Their Legacy”

Introduction: For generations, the Wright family has worked and lived…

July 9, 2025

AR Global Inc CEO Kason Roberts Donates to Support Kerrville Storm Victims, Mobilizes Team for Restoration Efforts

Kerrville, Texas — In the aftermath…

July 9, 2025

Bitcoin Tops $109,000 After Senate Passes Trump’s ‘Big Beautiful Bill’ – “The Defiant”

The crypto market posted modest good…

July 9, 2025

Two vital hazard alerts within the June employment report – Indignant Bear

Two vital hazard alerts within the…

July 9, 2025

Simone Biles Thirst Traps in Bikini Amidst Boob Job Hypothesis

Studying Time: 3 minutes Simone Biles…

July 9, 2025

You Might Also Like

Chime’s sticky person base makes it a winner for traders, analyst says
Business

Chime’s sticky person base makes it a winner for traders, analyst says

It’s been lower than a month since Chime Monetary went public, however the neobank is successful over analysts who're already…

6 Min Read
This yr’s Amazon’s Prime Day is essentially the most unpredictable ever due to tariffs and AI
Business

This yr’s Amazon’s Prime Day is essentially the most unpredictable ever due to tariffs and AI

For those who look again 10 years to the primary and authentic Amazon Prime Day gross sales occasion, you may…

5 Min Read
Macron says France and the UK will ‘save Europe’ regardless that Brexit was all about Britain leaving the EU
Business

Macron says France and the UK will ‘save Europe’ regardless that Brexit was all about Britain leaving the EU

French President Emmanuel Macron on Tuesday urged Britain to stay near its neighbors regardless of its exit from the European Union, saying…

8 Min Read
Trump doubles down on Aug. 1 tariff deadline as shares proceed to dip
Business

Trump doubles down on Aug. 1 tariff deadline as shares proceed to dip

Markets prolonged their downward slide on Tuesday as buyers remained cautious concerning the looming tariff deadline, with the S&P 500…

4 Min Read
The Texas Reporter

About Us

Welcome to The Texas Reporter, a newspaper based in Houston, Texas that covers a wide range of topics for our readers. At The Texas Reporter, we are dedicated to providing our readers with the latest news and information from around the world, with a focus on issues that are important to the people of Texas.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© The Texas Reporter. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?