Cardinal and nine others to face trial over London property deal
VATICAN CITY - Cardinal Giovanni Angelo Becciu and nine other high ranking officials of the Holy See have been ordered to stand trial by the Vatican Court regarding investments by the Vatican's Secretariat of State in a London property.
The trial, set to start July 27, will see both lay and ecclesiastical staff of the Secretariat of State, and employees of the Vatican’s (then called) Financial Information Authority stand trial. It will be the first time that a Cardinal will have faced trial in the Vatican Court.
Facing trial will be René Brülhart, former President of the Board of Directors of the Financial Information Authority, the Vatican financial watchdog, accused of abuse of office; Mauro Carlino, a former senior official of the Secretariat of State, accused of extortion and abuse of office; Enrico Crasso, a longtime investment manager for the Vatican, accused of embezzlement, bribery, extortion, money laundering, fraud and abuse of office; Tommaso Di Ruzza, former director of the Financial Information Authority, accused of embezzlement, abuse of office and breach of the secrets of office, as well as Nicola Squillace and Fabrizio Tirabassi for crimes of extortion and fraud.
Three companies have also been accused of fraud and embezzlement; HP Finance LLC, Logsic Humanitarne Dejavnosti DOO and Prestige Family Office SA.
Cardinal Becciu, former Prefect of the Congregation for the Causes of Saints and Substitute for General Affairs to the Secretary of State, has been accused of embezzlement, abuse of office offering money to a witness to induce a false testimony.
The charges follow a two year investigation, in collaboration with the Guardia Di Finanza, into the purchase of 60 Sloane Avenue in London after questions were raised by the Vatican Bank regarding a series of complex financial investments by the Secretariat of State. The property was sold to the Vatican by Raffaele Mincione in a deal brokered by Gianluigi Torzi. The two London-based Italian businessmen are also being brought to trial but have denied all wrongdoing.
The Holy See released a statement saying that the judicial investigation is directly linked to the plans and reforms of Pope Francis, aiming for the full transparency and “sanitation” of the Vatican’s finances.
Becciu, formerly one of the most important members of the Secretariat of State, was forced by the pope to step down from all his official roles in 2020.
He said in a statement, “I am the victim of a plot hatched against me, and I have been waiting a long time to know any accusations against me, to allow myself to properly deny them and prove to the world by absolute innocence.”
He continued, “only by considering this great injustice as a test of faith can I find the strength to fight this battle of truth. Finally the moment of clarification is coming, and the Tribunal will be able to find the absolute falsity of the accusations against me and the dark plots that evidently have supported and fuelled them.”