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Then-Msgr. Angelo Becciu, shown above in white vestments attending the blessing and inauguration of the media center and pilgrimage information center for the Extraordinary Jubilee of Mercy on Dec. 1, 2015, is among the 10 people summoned to trial over the failed London property deal. (photo: Daniel Ibanez / CNA)

Vatican trial over failed London property deal to begin July 27.

By Edward Pentin, EWTN, July 8, 2021

Edward PentinVATICAN CITY — One major question about the upcoming Vatican trial regarding a London property deal that incurred massive losses for the Holy See is how much and when did top-level Vatican officials know about the transaction — and whether they, too, will be summoned to the trial.

488-page indictment published July 2 summons to trial 10 individuals — the most prominent is Cardinal Angelo Becciu, the former deputy secretary of state. The trial set to begin July 27 follows a two-year investigation into the London property deal.

The others subpoenaed are René Brülhart, former president of AIF, the Vatican’s supervisory and financial information authority; Msgr. Mauro Carlino, former secretary of Cardinal Becciu when he was deputy secretary of state; Enrico Crasso, a financial broker who managed investments for the Secretariat of State for decades; Tommaso Di Ruzza, former director of the AIF; Cecilia Marogna, a woman who received considerable sums from the Secretariat of State for intelligence services; Raffaele Mincione, a financial broker who allegedly made the Secretariat of State underwrite large shares of a fund that owned the London property; Nicola Squillace, a lawyer involved in those negotiations; Fabrizio Tirabassi, a notetaker in the administrative office of the Secretariat of State; and Gianluigi Torzi, a broker hired to help the Holy See exit the fund owned by Mincione. …

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