UK tycoon Mike Lynch missing: How a luxury yacht sank in freak Sicily storm

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UK tycoon Mike Lynch missing: How a luxury yacht sank in freak Sicily storm - Business Standard

Quick Summary:

Lynch was recently in the news after being cleared of fraud conspiracy charges by the US in June in a case linked to Hewlett Packard's $11 billion acquisition of his company, Autonomy Corp.

Identified as Francesco Cefalu, he said that by the time he reached the site, only cushions, wood and other items from the superyacht were floating in the water and the rest had sunk.

The superyacht was carrying 22 people onboard, including a crew of 10 people and 12 passengers.