Michael Lynch allegedly overstated the value of his company ahead of $11bn sale
Ex-ministers and business leaders fear Mr Lynch, 55, faces 'a decade in prison'
A British tech tycoon at the centre of a £3.7bn fraud case should not be extradited to the US because the UK has 'surrendered sovereignty for too long,' ex-Cabinet ministers have said.
Electrical engineering expert Michael Lynch is facing fraud charges in the US, as authorities claim he overstated the value of his software company before it was sold to Hewlett-Packard (HP) in 2011.
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HP purchased Mr Lynch's company, Autonomy, for $11bn (£8bn) in 2011, but the company is seeking damages of around £3.7bn in London's High Court.