Ousted Catholic Church cardinal was just indicted for money laundering and embezzlement charges
A top-ranking cardinal, fired by Pope Francis back in
September 2020, is now one of 10 individuals who have been indicted by the
Vatican on a number of charges including money laundering and embezzlement of
the Papal Foundation charity fund.
According to The Daily Beast, Cardinal Giovanni Angelo
Becciu, the former secretary of state for the Vatican, is said to have helped
his biological brothers with a real estate transaction at the expense of his
spiritual brothers.
Sloane Square in London, the 100-apartment unit property at
the center of the indictment, is said to have been "purchased through
creative accounting that siphoned some of the pope's charity fund without the
pope's approval." The publication reports that some of the units were
reportedly used by clergy for their personal rendezvous.
In hopes of getting to the bottom of the situation, Pope
Francis had the Vatican's financial oversight offices raided in Rome. He also
tapped an anti-mafia prosecutor to further investigate the alleged charity fund
theft scheme.
In addition to Becciu, the 487-page indictment also names
the brokers who secured the business deal and details a number of a allegations
against four companies.
"Initial activities carried out with rogatorial
commissions in numerous foreign countries (United Arab Emirates, Great Britain,
Jersey, Luxembourg, Slovenia, Switzerland) brought to light a vast web of
relationships with operators in the financial markets that generated
substantial losses for Vatican finances which also drew from those resources
destined for the Holy Father's personal acts of charity," the indictment,
summarized by Vatican News Service, states.
Becciu's latest indictment follows previous accusations
about him allegedly funneling an estimated $800,000 of the pope's charity
funding to "buy false testimony against Cardinal George Pell who was
convicted and later acquitted of sexually abusing choir boys in
Australia," the publication reports.
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