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Mike Lynch was one of the “most inspirational citizens” of Suffolk, says the Countess of Euston.

Clare, Countess of Euston, HM Lord-Lieutenant of Suffolk, says Mr Lynch was “quite simply a genius” who was “exemplary” in his position as a deputy lieutenant of Suffolk.

She said: “I join with so many others in mourning the shocking loss of Mike Lynch and all those who tragically lost their lives in Sicily this week. Mike was one of Suffolk’s most inspirational citizens.

“He was quite simply a genius, a global leader in his field but so much more than that.

“A kind and compassionate man who was always ready to help, hugely generous, the best of friends, but it will be his warm and wonderful smile that will be impossible for me to forget.

“Mike was an exemplary Deputy Lieutenant of Suffolk serving both our late Queen Elizabeth II and our present King Charles III.

“Our heartfelt sympathy and condolences are with Angela and his whole family at this terrible time.”

What will be investigated?

As tributes are made to those who lost their lives aboard the Bayesian, investigations are getting under way into what caused the disaster.

A criminal investigation was opened in Italy after the tragedy, despite the fact no suspects have been identified publicly.

The UK’s Marine Accident Investigation Branch is also investigating, though it is purely fact-finding.

What we know so far

• The five bodies discovered in the wreckage of the sunken Bayesian have been identified;
• British tycoon Mike Lynch, Jonathan Bloomer, his wife Judith Bloomer, lawyer Christopher Morvillo and his wife Neda Morvillo were all named;
• Mr Lynch’s 18-year-old daughter Hannah Lynch remains unaccounted for;
• A senior oceanography lecturer has told Sky News it’s “unlikely” she was thrown from the Bayesian and more probable that she will be found somewhere inside the vessel;
• Tributes have flooded in for the deceased, including from the families of the Bloomers and the Morvillos;
• The chief executive of a firm which makes and sells yachts like the Bayesian believes the sinking may have been due to a series of human mistakes and questioned why its crew were not in a “state of alert” when a storm hit;
• An Italian fire service spokesman says emergency workers “would need a crystal ball” to know if and when another body will be discovered;
• Mr Lynch had reportedly considered selling the Bayesian earlier this year but changed his mind when acquitted in a major fraud trial in the US.