Vatican Finance Trial: Cardinal found guilty of embezzlement and sentenced to five and a half years in prison

VATICAN CITY (AP) — A Vatican court on Saturday convicted a cardinal of embezzlement and sentenced him to 5 1/2 years in prison in one of several rulings handed down in a complex financial trial that has exposed the city-state’s dirty laundry and tested its judicial system.

Cardinal Angelo Becciu, the first cardinal to be tried by the Vatican’s criminal court, was acquitted of several other charges and nine other defendants received a combination of guilty and acquittals among nearly 50 charges brought against them during a two-and-a-half-year trial.

Becchio’s lawyer, Fabrizio Viglione, said he respected the ruling but would appeal it.

Prosecutor Alessandro Didi said the result “shows that we were right.”

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A once powerful cardinal and nine other people learned their fate Saturday when a Vatican court handed down rulings in a complex financial trial She aired the small city-state’s dirty laundry It tested its judicial system.

At the start of the hearing, Judge Giuseppe Pignatoni praised prosecutors and defense lawyers alike for their professionalism in what he acknowledged was a trial that was “certainly unusual” for the Vatican in its complexity. He stressed that the court tried “within the limits of the applicable legal framework” to ensure ample space for both parties to present their case, especially the defense.

The three-judge panel then entered into closed deliberations awaiting the reading of the rulings in the late afternoon in the converted courtroom of the Vatican Museums, where the two sides sparred for two-and-a-half years over the details of the money-losing investment in Luxury real estate in London.

Cardinal Angelo Becciu, the first cardinal ever to be tried in a Vatican criminal court, is charged with embezzlement charges in two parts of the London deal and faces up to seven years in prison if convicted. He has denied any wrongdoing.

Unlike most of the defendants, Becciu attended almost all 86 hearings, during which 69 witnesses were heard, saying that Pope Francis clearly wants to face the court’s judgment after Francis himself. She forced him to resign He removed his privileges as a cardinal before he could be charged.

The trial raised questions about the rule of law in the city’s jurisdiction and Francis’s politics. Power as an absolute monarchConsidering that he has supreme legislative, executive and judicial powers and exercises them in the ways the defense says Endangers a fair trial.

Defense lawyers praised Pignatton’s fairness and said they were able to present their arguments at length. But they lamented the outdated procedural rules imposed by the Vatican on prosecutors Enormous leeway to withhold evidence Otherwise they continue their investigations almost unhindered.

In addition to Becchio, prosecutors charged nine others with a range of alleged financial crimes stemming from the State Secretariat’s €350 million investment in developing a former Harrods warehouse into luxury apartments. The prosecution alleges that Vatican monks and brokers He usurped the Holy See Tens of millions of euros in fees and commissions and then blackmailed the Holy See for 15 million euros into relinquishing control of the building.

Prosecutors are seeking convictions on nearly 50 different counts of fraud, embezzlement, money laundering, corruption, abuse of office and extortion. They are seeking – Imprisonment from three to 13 years And compensation of more than 400 million euros to try to recover an estimated 200 million euros that they say the Holy See lost in bad deals.

The trial was initially seen as a sign of Francis’ financial reforms and his willingness to crack down on alleged financial crimes at the Vatican. But he had something of Reputation boom For the Holy See, with revelations of vendettas, espionage and even ransom payments to Islamic militants.

The State Department, for example, is seeking damages to fund a marketing campaign to try to repair reputational damage it says it has suffered. The Vatican’s communications department even said the trial itself was a “stress test” for the legal system.

Much of the London case depended on… Passage of property From one mediator in London to another in late 2018. Prosecutors allege that the second mediator, Gianluigi Torzi, deceived the Vatican by maneuvering to secure full control of the building which he only relinquished when the Vatican paid him €15 million.