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A cardinal tried for embezzlement

2021-07-04T20:31:33.974Z


Angelo Becciu, ex-number 3 of the Holy See, is indicted by the Vatican in connection with a financial scandal.


Unheard of in Rome.

A cardinal, Angelo Becciu, former number three of the Holy See from 2011 to 2018, will be tried on July 27 by the Vatican justice in a trial involving nine other defendants.

They are said to be involved in a financial scandal linked to the purchase of a luxury building in London, with funds guaranteed by the Vatican.

The Holy See, fooled by an Italian businessman on the real value of this property, first invested more than a hundred million dollars in 2014 to acquire part of the property.

Realizing its mistake - it had also been concealed from it that the company that owned the building was covered in debt up to the value of the building - the Vatican cut ties with this first interlocutor.

Read also:

The Vatican, nest of spies

In 2018, the Holy See renegotiated the total purchase of the building with another Italian intermediary.

But without knowing that the two Italian financial advisers, that of 2014 and that of 2018, were in cahoots to keep control of

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Source: lefigaro

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