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Sunday, Jul 13, 2025

Police seek arrest of Italian middleman in Vatican property deal

Police seek arrest of Italian middleman in Vatican property deal

Italian magistrates have issued an arrest warrant for Gianluigi Torzi, a financial broker caught up in a scandal involving the Vatican’s purchase of a building in an upscale London area, police said on Monday.
Financial police said in a statement that they were looking for Torzi and three Italian associates on suspicion of fraudulent billing practices and tax fraud. Torzi was also suspected of money laundering.

A financial police spokesman said they could not serve the warrant on Torzi because he was currently in Britain.

Torzi’s London-based lawyer, Francesco Meduri, did not respond to a request for comment left with his office. Torzi’s Italian lawyer, Ambra Giovene, said she would file an appeal against the arrest warrant.

Police code-named it “Operation Broking bad,” an apparent play on the TV series “Breaking Bad”.

A separate 14-page arrest warrant seen by Reuters said Torzi had issued bills to the Vatican for a total of 15 million euros for work the Italian magistrate said was never carried out.

Torzi was one of the middlemen in a complicated deal by the Vatican’s Secretariat of State in the purchase of a building in Chelsea with Church funds.

He has denied wrongdoing in the Vatican deal.

The warrant, signed by Rome magistrate Corrado Cappiello, also lists other suspected financial crimes allegedly committed by Torzi and his associates in transactions not related to the Vatican deal.

The Vatican hired Torzi in 2018 to negotiate the final purchase of the building at 60 Sloane Avenue and end its relationship with Raffaele Mincione, another Italian middleman used previously for the deal.

Torzi spent 10 days in a Vatican jail last year. The Vatican has charged him with extortion, embezzlement, aggravated fraud and money laundering connected to the property transaction in London.
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