London Daily

Focus on the big picture.
Saturday, Jun 27, 2026

Cardinal and nine others face Vatican corruption charges over London property deal

Cardinal and nine others face Vatican corruption charges over London property deal

Cardinal Angelo Becciu, who was fired by Pope Francis last year over a donation to his brother's charity, helped arrange the initial investment but denies any wrongdoing.

An Italian cardinal and nine others have been ordered to stand trial by a Vatican judge for alleged corruption in connection with a €350m (£300m) luxury property deal in London.

Those accused include Cardinal Angelo Becciu, who was fired by Pope Francis last year; the former heads of the Vatican's financial intelligence unit, and two Italian businessmen involved in the Vatican's purchase of the building in an exclusive area of the capital.

Becciu, who has always maintained his innocence during a two-year investigation, is the highest ranking Vatican-based church official to be charged with alleged financial crimes.

Pope Francis personally approved the judge's decision to investigate and indict Becciu


His name was listed separately from the others in the indictment because a separate procedure is required to charge a cardinal.

In line with church law, the pope personally approved the judge's decision to investigate and indict Becciu, who helped arrange the initial London investment.

The charges against him include embezzlement and abuse of office.

An Italian woman who worked for Becciu was charged with embezzlement.

Italian brokers Gianluigi Torzi and Raffaele Mincione were indicted on charges of embezzlement, fraud and money laundering.

Torzi, for whom Italian magistrates issued an arrest warrant in April, was also charged with extortion.

He is currently in London pending an Italian extradition request.

Both men have denied wrongdoing.

Torzi is accused of having having extorted €15m from the Vatican to turn over ownership of the London building in late 2018, after allegedly inserting a last-minute clause into the contract giving him full voting rights in the deal.

The church hierarchy, however, signed off on the contract, with both Pope Francis' number two, Cardinal Pietro Parolin, and his deputy approving it.

However, neither was charged.

Vatican prosecutors have produced evidence suggesting they were tricked by an Italian lawyer, who has been indicted, into agreeing to the deal.

Four companies associated with individual defendants, two in Switzerland, one in the US and one in Slovenia, are also facing charges.

The trial is due to start on 27 July in the Vatican, a statement said.

Becciu was sacked last year as the Vatican's saint-making chief, apparently in connection with a separate incident relating to the his €100,000 donation of Vatican funds to a diocesan charity run by his brother.

While admitting he made the donation, he insisted the money was for the charity, not his brother.

Newsletter

Related Articles

0:00
0:00
Close
Thames Water and Energy Operators Warn of Peak Demand Risks During UK Heatwave
Government Conference Highlights Push for Evidence-Led Policy Across UK Public Sector
Insolvency Service Reports Improved Confidence in UK Insolvency System
Security Industry Authority Finds Widespread Safety Failures in UK Night-Time Economy
Nigel Farage Expands Anti-WHO Campaign Into United States With New Lobbying Structure
Home Secretary Seema Mahmood Unveils New Safe Routes Plan for Asylum Seekers
UK Government Warns of Peak Electricity and Water Pressure Amid Ongoing Heatwave
New Nuclear Plant in Wales Named Gwyndod Power Station as Energy Strategy Advances
UK Announces First Major Hydropower Projects in Four Decades to Expand Renewable Capacity
Thirteen Men Charged in Major UK Sexual Abuse Case as Investigation Continues
UK Launches Cross-Sector Climate Security Taskforce Linking Environment and National Security
UN Secretary-General António Guterres Calls for Urgent Global Methane Emissions Cuts in London
World Bank Approves $1 Billion UK-Backed Financing Package for Ukraine Recovery
UK Pledges Emergency Aid and Rescue Team Deployment to Earthquake-Hit Venezuela
Bank of England Holds Interest Rates at 3.75 Percent for Fourth Straight Meeting
Record-Breaking Heatwave Puts Strain on UK Health Services and Energy Networks
London Ambulance Service Sees Record Emergency Demand as Heatwave Intensifies
British Chambers of Commerce Warns of Prolonged Weak Investment Climate Through 2027
Bank of England Holds Interest Rates as Inflation Risks Persist
UK Construction Sector Faces One Percent Contraction Amid Cost and Investment Pressures
Former DUP Leader Sir Jeffrey Donaldson Convicted of Sexual Offences
Church of England Appoints Dr Linsay Cunningham to Lead Faith and Public Life Division
UK Armed Forces Day Marked Nationwide With Events From Aberdeen to the Scilly Isles
Rising Tensions in Edinburgh Prompt Joint Warning From Scottish Local Government Leaders
UK Construction Sector Forecast to Contract One Percent in 2026 on Cost Pressures
UK Parliament Backs 87 Percent Emissions Cut as Government Deepens Electrification Drive
British Chambers of Commerce Forecast Weak UK Growth as Investment and Demand Slow
Bank of England Holds Interest Rates at 3.75 Percent Amid Energy and Inflation Uncertainty
London Ambulance Service Reports Record Surge in Life-Threatening Emergency Calls During Heatwave
UK Parliament Approves Legally Binding 87 Percent Emissions Cut Target by 2040
United Kingdom Records Third Consecutive Day of Record June Heat as Europe Faces Worsening Heatwave
Robert Jenrick Defends £5 Million Donation to Nigel Farage Amid Political Scrutiny
Plymouth Museum The Box Wins 2026 Art Fund Museum of the Year Award
UK Government Faces Backlash Over Plans to Use Former Military Sites for Asylum Accommodation
Labour Party Faces Pressure Over Cabinet Stability as Senior Figures Clash on Policy Direction
Heathrow Airport Forecasts Passenger Decline in 2026 as Costs and Climate Disruption Mount
UK Energy Regulator Approves Expansion of Long-Duration Storage to Boost Power System Resilience
Crown Estate Reports Third Consecutive Year of £1 Billion Profit as Debate Over Royal Finances Intensifies
Teenager Charged With Murder in Wales Following Death of 14-Year-Old Boy
Nottingham University Hospitals Maternity Failures Trigger Calls for Public Inquiry Into Patient Safety
EasyJet Rejects £4.9 Billion Takeover Offer From Castlelake but Keeps Door Open for Further Talks
Record Heatwave Triggers UK Transport and Infrastructure Strain as Heathrow Revises Passenger Forecast Downward
Ofgem Approves Sixteen Long-Duration Energy Storage Projects to Strengthen UK Grid Stability
Labour Government Faces Internal Tensions Over Cabinet Decisions and Net Zero Policy Direction
British Food and Drink Exports Fall to Decade Low Amid Trade Friction and US Tariffs
Great Britain Grid Operator Spends £10 Million to Stabilize Electricity Supply During Heatwave Demand Surge
UK Parliament Committee Calls for Urgent National Adaptation Strategy as Extreme Heat Strains Public Infrastructure
Record-Breaking Heatwave Pushes England’s National Health Service to Critical Incident Status as Hospitals Struggle With Surge in Emergencies
UK Government Launches Review of Voluntary National Insurance Contributions System
UK Planning Inspectorate Reports Key Infrastructure and Planning Milestones in Annual Review
×