Italian Sea Group says it is not responsible for the sinking of Mike Lynch’s yacht By Reuters

ROME (Reuters) – Italian Sea Group is not to blame for the fatal sinking of Mike Lynch’s superyacht, which killed the British tech billionaire and six others, its chief executive said on Tuesday.

Bayesian was built in 2008 by Perini Navi, an Italian luxury yacht manufacturer now owned by Italian-listed Italian Sea Group. The boat sank in August after being hit by a severe storm off the coast of Sicily.

The CEO of the Italian Sea Group, Giovanni Costantino, said in an analyst presentation that the purchase of Perini Navi’s assets in 2021 at the bankruptcy auction came “outside the responsibility for the activities carried out by the previous management”.

An Italian prosecutor has opened a death investigation into the sinking that has baffled industry experts.