Vatican Tribunal Upholds Conviction of Cardinal Becciu for Fund Misuse

Cardinal Angelo Becciu was sentenced to five and a half years for his role in a controversial $200 million London real estate deal.

The Vatican tribunal released an 800-page document defending its 2023 conviction of Cardinal Angelo Becciu, citing his awareness and personal intervention in the investment deal.
Becciu, along with eight others, was convicted of embezzlement and fraud related to the Vatican's investment in a London property, resulting in significant financial losses.
The tribunal highlighted Becciu's unauthorized payment of 575,000 euros to Cecilia Marogna, which was spent on luxury items, as part of the charges against him.
The trial, which spanned over two and a half years, exposed internal conflicts within the Vatican and involved complex financial transactions.
Becciu and the other defendants are appealing the convictions, while a related lawsuit by financier Raffaele Mincione against the Vatican is pending in the London High Court.