Senior cardinal convicted of embezzlement in Vatican corruption trial

It revolved principally across the messy buy of a constructing in London by the Secretariat of State, the Vatican’s key administrative and diplomatic division.

Becciu held the quantity two place there in 2014 when it started investing in a fund managed by Italian financier Raffaele Mincione, securing about 45 per cent of the constructing at 60 Sloane Avenue, in an upmarket district.

Mincione was additionally discovered responsible of embezzlement and given the identical sentence as Becciu.

In 2018, with Becciu in one other Vatican job, the Secretariat of State felt it was being deceived by Mincione and turned to a different financier, Gianluigi Torzi, for assist in squeezing Mincione out and shopping for the remainder of the constructing.

Torzi additionally fleeced the Vatican, in keeping with prosecutors. He was discovered responsible of fraud and extortion and sentenced to 6 years.

The Vatican bought the constructing final yr below a cloud of embarrassment, taking an estimated lack of about €140 million (US$150 million).

Becciu, who was fired by Pope Francis from his subsequent job in 2020 for alleged nepotism, however stays a cardinal, was additionally discovered responsible of 1 embezzlement for funnelling cash and contracts to firms or charities managed by his brothers on their native island of Sardinia.

One other accusation concerned his hiring of Cecilia Marogna, a self-styled safety analyst, additionally from Sardinia, as a part of a secret undertaking to assist win freedom for a nun who had been kidnapped in Mali.

Marogna, 46, acquired €575,000 from the Secretariat of State in 2018-2019. The cash was despatched to an organization she had arrange in Slovenia and he or she acquired some in money, prosecutors instructed the courtroom.

Italian police mentioned Marogna had spent a lot of the cash on luxurious clothes and well being spas. Each she and Becciu had been discovered responsible of fees associated to the switch of cash.

The opposite six defendants included the previous president and director of the Vatican’s Monetary Intelligence unit, the cardinal’s former secretary, Father Mauro Carlino, and three former Vatican workers.

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