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Mike Lynch: I only got justice because I’m rich

August 1, 2024
in Business
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Mike Lynch: I only got justice because I’m rich
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The British businessman Mike Lynch, who this June was acquitted in the US of a multi-billion pound fraud, has said he believes he was only able to clear his name because of his huge wealth.

Mr Lynch, 59, was facing two decades in jail if had been convicted of the 17 charges he faced, relating to the sale of his tech company, Autonomy, to US firm Hewlett-Packard.

He told the the PM programme, on BBC Radio 4, that though convinced of his innocence throughout, he was only able to prove it in a US court because he was rich enough to pay the enormous legal fees involved.

“You shouldn’t need to have funds to protect yourself as a British citizen”, he said.

“The reason I’m sitting here, let’s be honest, is not only because I was innocent… but because I had enough money not to be swept away by a process that’s set up to sweep you away.”

He said most people, even they sold all their assets, would run out of funds in a matter of months, a situation that he said “has to change.”

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