Italian prosecutors have opened a manslaughter and negligent shipwreck investigation in connection with the sinking of British entrepreneur Mike Lynch's luxury yacht Bayesian during a storm off the coast of Sicily last week. The British-flagged, 56-metre-long sailboat was carrying 22 people and was anchored just offshore near the port of Porticello on August 19 when it capsized amid a spell of bad weather. Seven people, including Lynch and his 18-year-old daughter Hannah, were killed in the accident.

According to a report by AP, authorities have said the investigation is in its initial stages and that they are not looking at anyone specifically. While the weather is believed to be a major factor in the accident, questions have been raised about how the yacht, described as cutting-edge, sank while smaller boats nearby managed to weather the storm. The people on the yacht were on a celebratory trip to mark Mike Lynch’s acquittal in a US fraud case.

Lynch, who founded software giant Autonomy in 1996, was cleared in June of carrying out fraud relating to its $11 billion sale to US company Hewlett Packard. Morgan Stanley International bank chairman Jonathan Bloomer, his wife Judy Bloomer, lawyer Chris Morvillo, his wife Neda Morvillo and Canadian-Antiguan national Recaldo Thomas, who was working as a chef on the yacht, died in the tragedy as well. The 15 survivors include Lynch's wife and the yacht's captain.

Girolamo Bentivoglio Fiandra from Palermo’s fire brigade said the bo.