Cardinal Becciu Covertly Channeled Money to Australia

An Italian newspaper reported that Vatican prosecutors have received allegations that the funds were transferred after Cardinal George Pell returned there to face sexual abuse charges. Vatican prosecutors are investigating allegations that Cardinal Giovanni Angelo Becciu funneled 700,000 euro through the apostolic nunciature in Australia — an action that one Italian newspaper suggests could be … Read more

Why Cardinal Pell Is Vindicated by Cardinal Becciu’s Firing

As Cardinal Pell arrives in Rome this week after three years in Australia, a look at the counterpoint between the cardinal’s return and Cardinal Becciu’s fall. An important, but not the primary, consequence of the stunning sacking of Cardinal Angelo Becciu is that it completes on the Vatican side what was accomplished by the Australian … Read more

Becciu’s Ousting May Be Just the Tip of the Iceberg

We cannot help but believe Angelo Becciu has been made to be the fall guy for a much larger financial scandal in the Vatican. Last week we learned that one of Pope Francis’ most trusted advisors, Cardinal Angelo Becciu, had been ousted by the Pope for his alleged mishandling of Peter’s Pence funds.  Since late … Read more

BOMBSHELL: Powerful Cardinal Ousted Over Peter’s Pence Corruption

Once one of Pope Francis’ closest advisors, Cardinal Angelo Becciu resigns in disgrace amid accusations of financial corruption. The “bomb” in the Vatican explodes at dinner time, with the release of a, to say the least unexpected, Bulletin of the Vatican Press Office, writes the main Italian news agency Ansa. “Today, Thursday 24 September, the … Read more

London to Malta via Rome: Following the Money in Vatican Financial Scandals

The Vatican raid conducted on the chief prosecutor of the Church’s Apostolic Signatura sheds light on a network of companies and businessmen at the center of interrelated Vatican financial scandals. On Feb. 18, Vatican officials raided the home and office of Msgr. Alberto Perlasca, the chief prosecutor at the Church’s highest ecclesiastical court and a … Read more

Cardinal Becciu Again Denies Involvement in IDI Hospital Purchase

In a letter to a veteran Italian journalist, Cardinal Angelo Becciu wrote on Monday that he was not involved in the purchase of a bankrupt Italian hospital, and that reports to the contrary are unreliable. “The press release of Prof. Antonio Maria Leozappa, president of the Luigi Maria Monti Foundation, published by you on November … Read more

Vatican Officials: Swiss Bank Suspected of Money Laundering Led to Pell Conflict

The Holy See’s relationship with a disreputable Swiss bank triggered an internal dispute between the Secretariat of State and Vatican financial authorities. At the center of the conflict was a multimillion-dollar line of credit used to fund a controversial investment in London property speculation. Sources inside the Vatican’s Prefecture for the Economy confirmed to CNA … Read more

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