All articles tagged with #cardinal becciu
The Vatican's appeal trial over the London property deal, which resulted in ten convictions in the first trial, begins on September 22, 2023, with new hearings and ongoing debates over procedural issues, the influence of WhatsApp chats, and the independence of Vatican justice, involving high-profile defendants including Cardinal Becciu.
Cardinal Angelo Becciu, who was convicted of financial crimes, continues to reside in a luxurious Vatican apartment despite changes in Vatican policy requiring resident clerics to pay market rates for accommodation. Becciu, who was asked to resign by Pope Francis in 2020, is reportedly paying only a nominal monthly rent for the palatial apartment. The property underwent extensive renovations shortly after Becciu became a cardinal and as the investigation into his financial crimes began. The Vatican has not confirmed if Becciu has been asked to pay market rates.
Cardinal Angelo Becciu, the highest-ranking Catholic Church official to face trial in a Vatican criminal court, has been convicted of embezzlement and fraud and sentenced to five-and-a-half years in jail. The trial, which lasted for two-and-a-half years, centered around the controversial purchase of a building in London by the Vatican's Secretariat of State. Becciu was found guilty of irresponsible investment and funneling money to companies controlled by his brothers. Other defendants, including financiers Raffaele Mincione and Gianluigi Torzi, were also convicted. The court ordered Becciu and others to repay over 100 million euros to the Vatican.
Cardinal Angelo Becciu has been sentenced to five years and six months in prison, perpetual disqualification from public office, and an eight thousand euro fine by the Vatican court. The trial focused on the mismanagement of funds of the Secretariat of State, particularly the purchase and sale of a building in London. Other defendants received penalties ranging from fines to imprisonment and disqualification from public office. The court found Cardinal Becciu guilty of embezzlement, along with other individuals involved in the financial transactions.
In what has been called the Vatican's "trial of the century," Cardinal Giovanni Angelo Becciu has been sentenced to five and a half years in prison for embezzlement, becoming the first cardinal to be convicted and sentenced by a Vatican court. The trial examined financial misconduct that cost the Holy See millions of dollars, including a failed luxury property investment in London. The case also involved a female security consultant accused of spending church funds on fashion brands. The trial has been a test for Pope Francis' efforts to bring transparency and accountability to the Vatican's finances.
Cardinal Angelo Becciu, a former adviser to Pope Francis, has been sentenced to five-and-a-half years in jail by a Vatican court for financial crimes. The charges stemmed from a London property deal that resulted in significant losses for the Catholic Church. Becciu, who denied the charges, was the highest-ranking Vatican official to face such accusations. He plans to appeal the verdict. Nine other defendants were also convicted on some counts and acquitted on others.