Vatican Cardinal and 9 others are indicted for alleged financial crimes

A Vatican judge ordered 10 people, including an Italian cardinal, to be tried for alleged financial crimes, including embezzlement, money laundering, fraud, extortion and abuse of power. According to information from Guardian.

Among those indicted are Cardinal Angelo Becciu, who was fired by the pope in 2020, the former heads of the Vatican’s financial intelligence unit and two Italian brokers involved in the Vatican’s purchase of a building in an upscale area of ​​London.

Becciu, even fired, became the highest-ranking Vatican-based church official to be indicted for alleged financial crimes. In accordance with church law, the pope personally approved the judge’s decision to investigate and indict Becciu. The charges against him include embezzlement and abuse of power.

An Italian woman who worked for Becciu was accused of embezzlement. Italian brokers Gianluigi Torzi and Raffaele Mincione were indicted for embezzlement, fraud and money laundering. Torzi, for whom Italian magistrates issued an arrest warrant in April, was also charged with extortion. Both denied wrongdoing.

Four companies associated with individual defendants, 2 in Switzerland, 1 in the United States and 1 in Slovenia, were also indicted. The trial is expected to begin on July 27 at the Vatican, the statement said.

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source https://pledgetimes.com/vatican-cardinal-and-9-others-are-indicted-for-alleged-financial-crimes/