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Vatican Official Testifies in Landmark UK Property Trial

Archbishop Peña Parra admits to false invoice and blames deputy in contentious case over London investment

Overview

  • Archbishop Edgar Peña Parra is one of the highest-ranking Vatican officials to testify in a foreign court.
  • The trial centers on a failed $375 million investment in a London property by the Vatican.
  • Peña Parra admitted to authorizing a false invoice but claimed he was deceived by his deputy.
  • The case involves allegations of extortion and financial misconduct against multiple financiers.
  • The trial is expected to conclude later this month with a judgment anticipated later in the year.