Wife of Mike Lynch rescued

Angela Bacares, the wife of missing businessman Mike Lynch, is confirmed to be among those rescued after their yacht sank off Sicily.

Ms Bacares, 57, and Mr Lynch, 59, have two daughters.

As we’ve been reporting, 15 people have been rescued, including a one-year-old British girl and her mother.

Odds against Lynch in US court case were ‘astronomical’

As we’ve been reporting, missing entrepreneur Mike Lynch was acquitted against all odds in a high-profile US fraud case in June.

Sky News business presenter Ian King says he saw Mr Lynch not long before he was extradited to the US in May last year and the businessman was “absolutely adamant he had done nothing wrong”.

“He was charged on a number of counts, including wire fraud,” he says.

“It sounds worse than it is – it can boil down to sending an email which the US authorities don’t like.

“It was an immense role of the dice on his part.

“Most people that get taken to court in this way will go for some plea bargain deal but Mike was determined to have his day in court and face it down.

“The odds against that are astronomical and 97% of people who face criminal charges in the US and don’t go for a plea bargain will end up being convicted.

“So, it was a huge gamble on Mike Lynch’s part.”