play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
chevron_left
volume_up
chevron_left
  • cover play_arrow

    Rother Radio (128k) Love Local, Love Music!

  • cover play_arrow

    Rother Radio (64K) Love Local, Love Music!

  • cover play_arrow

    Hit Music Radio (128K) More Music Variety!

  • cover play_arrow

    Hit Music Radio (64K) The Best Variety of Hits!

World News

Cardinal and nine others face Vatican corruption charges over London property deal

today03/07/2021

Background
share close

An Italian cardinal and nine others have been ordered to stand trial by a Vatican judge for alleged corruption in connection with a €350m (£300m) luxury property deal in London.

Those accused include Cardinal Angelo Becciu, who was fired by Pope Francis last year; the former heads of the Vatican’s financial intelligence unit, and two Italian businessmen involved in the Vatican’s purchase of the building in an exclusive area of the capital.

Becciu, who has always maintained his innocence during a two-year investigation, is the highest ranking Vatican-based church official to be charged with alleged financial crimes.

Pope Francis personally approved the judge's decision to investigate and indict Becciu
Image: Pope Francis personally approved the judge’s decision to investigate and indict Becciu

His name was listed separately from the others in the indictment because a separate procedure is required to charge a cardinal.

In line with church law, the pope personally approved the judge’s decision to investigate and indict Becciu, who helped arrange the initial London investment.

The charges against him include embezzlement and abuse of office.

An Italian woman who worked for Becciu was charged with embezzlement.

More on Pope Francis

Italian brokers Gianluigi Torzi and Raffaele Mincione were indicted on charges of embezzlement, fraud and money laundering.

Torzi, for whom Italian magistrates issued an arrest warrant in April, was also charged with extortion.

He is currently in London pending an Italian extradition request.

Both men have denied wrongdoing.

Torzi is accused of having having extorted €15m from the Vatican to turn over ownership of the London building in late 2018, after allegedly inserting a last-minute clause into the contract giving him full voting rights in the deal.

The church hierarchy, however, signed off on the contract, with both Pope Francis’ number two, Cardinal Pietro Parolin, and his deputy approving it.

However, neither was charged.

Vatican prosecutors have produced evidence suggesting they were tricked by an Italian lawyer, who has been indicted, into agreeing to the deal.

Four companies associated with individual defendants, two in Switzerland, one in the US and one in Slovenia, are also facing charges.

The trial is due to start on 27 July in the Vatican, a statement said.

Becciu was sacked last year as the Vatican’s saint-making chief, apparently in connection with a separate incident relating to the his €100,000 donation of Vatican funds to a diocesan charity run by his brother.

While admitting he made the donation, he insisted the money was for the charity, not his brother.

 Sky News

© Sky News 2021

Written by: Rother Radio News


Previous post

Music News

Ed Sheeran had to be talked out of relocating to Ghana

Ed Sheeran relies on his manager to talk him out of "ridiculous" ideas, such as buying a private island and relocating to Ghana.The Bad Habits hitmaker has admitted advice from his representative Stuart Camp has been invaluable over the years, especially when it comes to his more outlandish suggestions. "Musical stuff I never get talked down from," the singer explained in a joint interview with Camp on James and Oliver […]

today03/07/2021