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IPFS News Link • Courtroom and Trials

Relics and militants: Vatican fraud trial sprawls the globe

• https://apnews.com By NICOLE WINFIELD

The developments turned an otherwise mundane cross-examination of a onetime Vatican power broker about the Vatican's investment strategies into an unexpected drama. It underscored the peculiarity of the trial and the remarkable situation the Holy See found itself in after entrusting delicate diplomatic, financial and intelligence work to outsiders who who got in the door by impressing a cardinal.

The trial originated in the Holy See's 350 million euro investment in a London real estate deal, but it has expanded to include other alleged crimes. Vatican prosecutors have accused 10 people of fraud, embezzlement and abuse of office, and some of extorting the Vatican of 15 million euros to get control of the London building.


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