Vatican indicts nine people and four companies over London property venture

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>The Vatican’s criminal tribunal has indicted nine people and four companies on charges including extortion&comma; abuse of office and fraud in connection with the Secretariat of State’s 350 million-euro investment in a London property venture&period;<&sol;p>&NewLine;<p>The tribunal president&comma; Judge Giuseppe Pignatone&comma; set July 27 as the trial date&comma; according to a Vatican statement&period;<&sol;p>&NewLine;<p>Four former Vatican officials&comma; including two officials from the Secretariat of State&comma; were indicted&comma; as well as Italian businessmen who handled the London investment&period;<&sol;p>&NewLine;<p>Also indicted on alleged embezzlement charges was an Italian intelligence expert&period;<&sol;p>&NewLine;<p>Vatican prosecutors accuse the suspects of bilking millions of euros from the Holy See in fees and other losses related to other financial dealings&period;<&sol;p>&NewLine;<p>The suspects have denied wrongdoing&period;<&sol;p>&NewLine;<p>One of the main suspects in the case&comma; Gianlugi Torzi&comma; is accused of having extorted the Vatican out of 15 million euros to turn over ownership of the London building in late 2018&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>Torzi had been retained by the Vatican to help it acquire full ownership of the building from another indicted money manager who had handled the initial investment&period;<&sol;p>&NewLine;<p>Vatican prosecutors allege Torzi inserted a last-minute clause into the contract giving him full voting rights in the deal&period;<&sol;p>&NewLine;<p>The Vatican hierarchy&comma; however&comma; signed off on the contract&comma; with both Pope Francis’ number two&comma; Cardinal Pietro Parolin&comma; and his deputy approving it&period;<&sol;p>&NewLine;<p>Neither was indicted&period;<&sol;p>&NewLine;<p>Vatican prosecutors have produced evidence suggesting they were hoodwinked by an Italian lawyer&comma; who was also indicted on Saturday&comma; into agreeing to the deal&period;<&sol;p>&NewLine;<p>Torzi has denied the charges and said the accusations were the fruit of a misunderstanding&period;<&sol;p>&NewLine;<p>He is currently in London pending an Italian extradition request&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ecf6dc5698e">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ecf6dc5698e'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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