Cardinal Angelo Becciu
CARDINAL Angelo Becciu, the most senior Catholic Church official ever to stand trial before a Vatican criminal court, was convicted on Saturday of embezzlement and fraud and sentenced to five and a half years in jail.
The Italian prelate’s lawyer, Fabio Viglione, told reporters in the courtroom he would appeal, saying his client was innocent. Becciu, who lives in the Vatican, was expected to remain free for the time being.
In all, 10 defendants were accused of crimes including fraud, abuse of office and money laundering. All denied wrongdoing.
It took Court President Giuseppe Pignatone 25 minutes to read all the verdicts and sentences.
Becciu, like most of the other defendants, was convicted on some counts and acquitted of others. Only one, Becciu’s former secretary, Father Mauro Carlino, was acquitted of all charges.
The trial, which exposed infighting and intrigue in the highest echelons of the Vatican, lasted for 86 sessions over two and a half years.
It revolved mostly around the messy purchase of a building in London by the Secretariat of State, the Vatican’s key administrative and diplomatic department.
Becciu, then an archbishop, held the number two position there in 2013 when it began investing in a fund managed by Italian financier Raffaele Mincione, securing about 45% of the building at 60 Sloane Avenue, in an upmarket district of the city.
Mincione was found guilty of embezzlement and money laundering and given the same sentence as Becciu.
The court said Becciu had been irresponsible and “highly speculative” to invest more than $200 million with Mincione’s fund between 2013-2014, noting this was about a third of the holdings of the Secretariat of State at the time.
In 2018, with Becciu in another Vatican job, the Secretariat of State felt it was being deceived by Mincione and turned to another financier, Gianluigi Torzi, for help in squeezing Mincione out and buying the rest of the building.
Torzi also fleeced the Vatican, according to prosecutors. He was found guilty of fraud and extortion and sentenced to six years.
The Vatican sold the building last year, taking an estimated loss of about 140 million euros ($150 million).
Becciu, who was fired by Pope Francis from his next job in 2020 for alleged nepotism, but remains a cardinal, was also found guilty of embezzlement for funneling money and contracts to companies or charities controlled by his brothers on their native island of Sardinia.
Another accusation involved his hiring of Cecilia Marogna, a self-styled security analyst, also from Sardinia, as part of a secret project to help win freedom for a nun who had been kidnapped in Mali.
