Posts Tagged ‘Gianluigi Torzi’

Businessman with Vatican links a suspect in new hospital fraud case

Thursday, February 24th, 2022

Search warrants have been executed across northern Italy this week by Italian financial police investigating an Italian businessman who is a suspect in racketeering, fraud and criminal corruption. The investigations targeted broker Gianluigi Torzi who, along with four others, is currently on trial in the Vatican. The group are allegedly involved in packaging bad debt Read more

Vatican finance trial defence team demands to see pope’s testimony

Monday, November 22nd, 2021
defence demands pope’s testimony

Lawyers defending those accused of defrauding the Vatican in a $400 million real estate investment asked judges on Wednesday (Nov 17) to release written transcripts of Pope Francis’ statements on the deal, alleging that prosecutors’ use of the pontiff’s statements may have influenced another witness in the case. From the start of the trial in Read more

Allegations mount against Vatican’s Cardinal Angelo Becciu

Thursday, October 1st, 2020

A new probe into Vatican finances coincided with the resignation of Cardinal Angelo Becciu (pictured) last week. His resignation followed an unscheduled meeting with the pope. Francis told him he had lost his trust and ordered him to step down. News of Becciu’s resignation was followed by reports that Italian businessman Gianluigi Torzi has provided Read more

Vatican jails Italian banker for extortion

Thursday, June 11th, 2020

The Vatican has jailed an Italian banker for extortion, embezzlement, aggravated fraud and money laundering. The arrest warrant for Gianluigi Torzi, who had acted as an intermediary for the Holy See in the 2018 purchase of a luxury building in London, was issued last week by the Vatican’s civil court. It has been carrying out Read more