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Cardinal Becciu Covertly Channeled Money to Australia

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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 […]

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Why Cardinal Pell Is Vindicated by Cardinal Becciu’s Firing

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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 […]

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BOMBSHELL: Powerful Cardinal Ousted Over Peter’s Pence Corruption

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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 […]

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Cardinal Becciu Again Denies Involvement in IDI Hospital Purchase

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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 […]

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

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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 […]