Time behind bars for Cardinal Becciu? Not any time soon, experts say
Vatican CityReuters None of the six people who received jail sentences at the end of the Vatican’s big corruption trial on Saturday will likely be spending time behind bars anytime soon and some perhaps not ever, according to legal and security experts. Several, including Cardinal Angelo Becciu, the most senior Catholic Church official ever to […]
Senior cardinal convicted in Vatican corruption trial
Vatican CityReuters Cardinal Angelo Becciu, the most senior Catholic Church official ever to stand trial before a Vatican criminal court, was convicted on Saturday of embezzlement and fraud and sentenced to five-and-a-half years in jail. The Italian prelate’s lawyer, Fabio Viglione, told reporters in the courtroom he would appeal, saying his client was innocent. Becciu, […]
Verdicts in big Vatican corruption trial due on Saturday
Vatican CityReuters Defence lawyers at the Vatican’s big corruption trial, in which one of the 10 defendants is a cardinal, completed their summing up on Tuesday and the court president announced that the verdicts would be announced on Saturday. A Vatican trial of 10 people accused of financial crimes, including Cardinal Angelo Becciu, resumes after a chief judge […]
After two years, Vatican financial trial closes preliminary stage
Vatican CityRNS The Vatican’s “trial of the century,” in which 10 defendants, including a cardinal, face charges of fraud and corruption in a shady real estate deal, has already seen a century’s worth of testimony alleging blackmail, scandalous liaisons and secretly taped conversations with Pope Francis. The trial itself, however, has only just begun. On Tuesday, a hearing ended […]
Broker blames “irrational” Vatican choices for London losses
Vatican CityAP One of the principal figures in the Vatican’s bungled London real estate venture testified Monday that the Holy See would have turned a profit on its valuable investment if it hadn’t pulled its money out of a fund prematurely. Raffaele Mincione, a London-based fund manager, said it was an “irrational” decision by a […]
Swiss court insists Vatican suspects can get a fair trial
Rome, ItalyAP A Swiss federal court has upheld a freeze on a reported €50 million in assets belonging to one of the suspects in a big Holy See fraud trial, rejecting among other things his argument that he can’t get a fair trial in the Vatican. In a decision published this week, the Swiss Federal […]
Explainer – Behind the Vatican’s London real estate scandal
Rome, ItalyAP The Vatican has set a 27th July trial date for 10 people, including a once-powerful cardinal and papal contender, on charges related to the Holy See’s €350 million investment in a luxury London real estate venture. The 487-page indictment request capped a two-year investigation that exposed how the Vatican had lost millions of […]
Cardinal among 10 indicted by Vatican for financial crimes
VATICAN CITYReuters A prominent Italian cardinal was among 10 people sent to trial in the Vatican on Saturday charged with financial crimes including embezzlement, money laundering, fraud, extortion and abuse of office. Cardinal Angelo Becciu, formerly a senior official in the Vatican administration, as well as two top officials at the Vatican’s Financial Intelligence Unit […]