"It went down, not in one minute as some scientists have said. It went down in 16 minutes," Costantino told the Financial Times. "You can see it from the charts, from the [Automatic Identification System] tracking chart."
Business Insider could not independently verify his statement.
The yacht maker offered no proof, so we'll have to wait and see if it's yet another rich person lying.
Speaking of rich people lying, Mike Lynch and his VP of finance, Stephen Chamberlain, were accused of using fraud to overvalue their company before selling it to HP, who wanted $5b in damages.
They were acquitted last month. Chamberlain was killed by a car while jogging, two days before Lynch's yacht went down.