Daily Mail

VATICAN ROW AT HEART OF AUTONOMY COURT FIGHT

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TECH tycoon Mike Lynch’s desperate attempts to boost sales at Autonomy took him to the heart of the Vatican, court documents reveal.

He took control of efforts to win a prestigiou­s contract to digitise the Vatican Library.

Lynch ( pictured), his finance chief Sushovan Hussain and their wives were even given a tour of the library by prefect Monsignor Cesare Pasini on a visit to Rome for an office Christmas party in 2010.

The 15th century library is one of the grandest in the world and houses more than 2m books and manuscript­s.

But the deal is at the centre of a High Court case brought against them by HP Enterprise (HPE), which bought Autonomy in 2011 and says executives arti- ficially inflated its value. HPE says the Vatican project is a key example of deals that ‘were used to fabricate or accelerate what was then held out by Autonomy to be revenue and profits’.

It says Autonomy booked £8.3m in revenues related to the library project in 2010. The revenue reported was from an agreement Autonomy had made with a third party reseller. It told auditors the reseller would supply software to the Vatican.

But no final deal was ever done with the Vatican, which also said it never had dealings with the reseller. It is claimed that Lynch and Hussain’s objective was to ‘ensure that the Autonomy group’s financial performanc­e appeared to be that of a rapidly growing company’ when in fact ‘the group was experienci­ng little or no growth’.

Lynch and Hussain deny any wrongdoing.

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