CNA—Judges delivered verdicts in the Vatican’s financial corruption trial on Saturday sentencing Cardinal Angelo Becciu to more than five years in prison and convicting five other defendants to similar jail sentences for financial crimes. Historic Trial, Becciu’s Sentence Becciu, the pope’s former chief of staff, is the highest ranking Vatican official ever to face a…
CNA—Cardinal Angelo Becciu said Wednesday that he is blameless in the forced resignation of a Vatican auditor, because it came at Pope Francis’ request. Becciu was said to be responsible for the sudden firing in 2017 of the Vatican’s first auditor general, Libero Milone, as well as the cancelation of an internal audit. But during…
CNS—In a move apparently related to Vatican financial scandals, Pope Francis accepted Cardinal Angelo Becciu’s resignation as prefect of the Congregation for Saints’ Causes and his renunciation of the rights associated with being a cardinal, the Vatican announced late Sept. 24. The cardinal, 72, told reporters Sept. 25 that Pope Francis told him he was…
Vatican City, Nov 5, 2019-CNA—A 50 million euro loan request to secure the purchase of a bankrupt hospital was vetoed by Cardinal George Pell and financial authorities at the Institute for Works of Religion, commonly called the Vatican Bank, before it was approved by the Holy See’s central bank, APSA, where the loan breached international…
CNA—The recent raid of Vatican offices is connected to an investigation into charges that Vatican money financed the development of luxury properties in London, and led to a windfall for the Vatican’s investment managers, according to an Oct. 14 report from Financial Times. According to Financial Times, Vatican police and prosecutors are investigating the possibility…
