Cardinal convicted in big Vatican financial trial sentenced to 5½ years
VATICAN CITY, Italy (AP) — A Vatican tribunal on Saturday convicted a cardinal of embezzlement and sentenced him to 5 ½ years in prison, in one of several verdicts handed down in a complicated financial trial that aired the city state’s dirty laundry and tested its justice system.
Cardinal Angelo Becciu, the first cardinal ever prosecuted by the Vatican criminal court, was absolved of several other charges and his nine co-defendants received a mixed outcome of some guilty verdicts and many acquittals of the nearly 50 charges brought against them during a 2 ½-year trial.
Becciu’s lawyer, Fabio Viglione, said he respected the sentence but would appeal.
Prosecutor Alessandro Diddi said the outcome “showed we were correct”.
The trial focused on the Vatican secretariat of state’s €350-million investment in developing a former Harrod’s warehouse into luxury apartments. Prosecutors alleged Vatican monsignors and brokers fleeced the Holy See of tens of millions of euros in fees and commissions and then extorted the Holy See for €15 million to cede control of the building.
Becciu was accused of embezzlement-related charges in two tangents of the London deal and faced up to seven years in prison.
In the end he was convicted of embezzlement stemming from the original Vatican investment of €200 million in a fund that invested in the London property. The tribunal determined canon law prohibited using church assets in such a speculative investment.
He was also convicted of embezzlement for his €125,000 donation of Vatican money to a charity run by his brother in Sardinia and using Vatican money to pay an intelligence analyst who, in turn, was convicted of using the money for herself.
The trial had raised questions about the rule of law in the city state and Francis’s power as absolute monarch, given that he wields supreme legislative, executive, and judicial authority and had exercised it in ways the defence says jeopardised a fair trial.
The defence attorneys did praise Judge Giuseppe Pignatone’s even-handedness and said they were able to present their arguments amply. But they lamented the Vatican’s outdated procedural norms gave prosecutors enormous leeway to withhold evidence and otherwise pursue their investigation nearly unimpeded.
Andrea Tornielli, the Vatican’s editorial director, said the verdicts showed the defence had ample space to present their case and that the defence’s rights were respected.
“The outcome of this trial tells us that the judges of the tribunal, as is right, acted with full independence based on documentary proofs and witnesses, not pre-confectioned theories,” he wrote in an editorial in Vatican News.
Prosecutors had sought prison terms from three to 13 years and damages of over 400 million Euros to try to recover the estimated 200 million Euros they say the Holy See lost in the bad deals.
In the end, the tribunal acquitted many of the suspects of many of the biggest charges, including fraud, corruption and money-laundering, determining in many cases that the crimes simply didn’t exist.
But it nevertheless ordered the confiscation of 166 million Euros from them and payment of civil damages to Vatican offices of 200 million Euros. One defendant, Becciu’s former secretary Monsignor Mauro Carlino, was acquitted entirely.
The trial was initially seen as a sign of Francis’s financial reforms and willingness to crack down on alleged financial misdeeds in the Vatican. But it had something of a reputational boomerang for the Holy See, with revelations of vendettas, espionage, and even ransom payments to Islamic militants.
Much of the London case rested on the passage of the property from one London broker, Raffaele Mincione, to another in late 2018. Prosecutors allege the second broker, Gianluigi Torzi, hoodwinked the Vatican by manoeuvring to secure full control of the building that he relinquished only when the Vatican paid him off €15 million.
For Vatican prosecutors that amounted to extortion. For the defence — and a British judge who rejected Vatican requests to seize Torzi’s assets — it was a negotiated exit from a legally binding contract.
In the end, the tribunal convicted Torzi of several charges, including extortion, and sentenced him to six years in prison. Mincione was convicted of embezzlement for the original London investment but was absolved of, among other things, inflating the cost of the building when the Vatican bought into it.
It wasn’t clear where the suspects would serve their time, if the convictions are upheld on appeal. The Vatican has a jail, but Torzi’s whereabouts weren’t immediately known, and it wasn’t clear how or whether other countries would extradite the defendants to serve any sentence.
The former heads of the Vatican financial intelligence agency, Tommaso di Ruzza and Rene Bruelhart, were absolved of the main charge of abuse of office. They were convicted only of failing to report a suspicious transaction involving Torzi to prosecutors and fined €1,750 apiece.
They had argued they couldn’t tip off Vatican prosecutors to the transaction because they had initiated their own cross-border financial intelligence-gathering operation into Torzi after Francis asked them to help the secretariat of state get possession of the property.
A Vatican official, Fabrizio Tirabassi, was convicted of extortion along with Torzi, and a money-laundering charge. The Vatican’s long-time financial adviser, Enrico Crasso, was convicted of several charges, including embezzlement, and sentenced to seven years in prison.