Italian Sea Group says it is not liable in Mike Lynch yacht sinking
12/11/2024 16:47
ROME, Nov 12 (Reuters) - Italian Sea Group is not liable
in relation to the fatal sinking of Mike Lynch's superyacht,
which killed the British tech billionaire and six others, its
chief executive said on Tuesday.
The Bayesian was built in 2008 by Perini Navi, an Italian
luxury yacht maker that is now owned by the Milan-listed Italian
Sea Group TISGR.MI . The yacht sank in August after it was hit
by a violent storm off the coast of Sicily.
Italian Sea Group CEO Giovanni Costantino said in an analyst
presentation that the 2021 acquisition of Perini Navi assets in
a bankruptcy auction came "without any responsibility for the
activities carried out by the previous management".
An Italian prosecutor has opened a manslaughter
investigation into a sinking that has puzzled industry experts.
(Writing by Keith Weir; Editing by Alexander Smith)