Vatican Finances: Vatican officials arrest London property broker for extortion and money laundering

Vatican Finances: Vatican officials arrest London property broker for extortion and money laundering

CNA—The Holy See press office announced Friday that Italian businessman Gianluigi Torzi has been arrested after he was interrogated as part of a Vatican financial investigation. Torzi played a crucial role in the controversial purchase of a London property development by the Secretariat of State. “Today the Office of the Promoter of Justice of the…

Vatican signs deal with China on bishop appointments

Vatican signs deal with China on bishop appointments

(CNA/EWTN News)—An expected agreement between the Holy See and the People’s Republic of China on the appointment of bishops was signed Saturday in Beijing, the Vatican announced. A Sept. 22 communique said that a meeting was held in which a “Provisional Agreement” was signed concerning “the nomination of Bishops, a question of great importance for…