Close Menu
Chronicle NG
    Trending Stories
    Atiku challenges Tinubu to order ICPC to release El-Rufai after Osun EFCC directive

    Atiku: CBN survey exposes Tinubu’s economic Failure

    August 8, 2026
    Akasoba Duke-Abiola

    Duke-Abiola accepts UN secretary-general nomination

    August 8, 2026
    16 rescued after building collapses in Kano

    16 rescued after building collapses in Kano

    August 8, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Atiku: CBN survey exposes Tinubu’s economic Failure
    • Duke-Abiola accepts UN secretary-general nomination
    • 16 rescued after building collapses in Kano
    • FG begins local production of family planning commodities
    • DSS arrests three more suspects over abduction of Nasarawa university dean
    • Lagos arrests 27 hoodlums for ‘vandalising’ newly constructed bridge
    • Buba Galadima says ’34 and a half’ governors back Tinubu’s re-election
    • Arsenal sign Guimaraes from Newcastle in £75m deal
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, August 8
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Cardinal to be tried in Vatican over embezzlement, corruption

    Chronicle EditorBy Chronicle EditorJuly 3, 2021No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Cardinal Giovanni Angelo Becciu had been a close adviser to Pope Francis
    Cardinal Giovanni Angelo Becciu had been a close adviser to Pope Francis
    Facebook Twitter WhatsApp

    Vatican judge has ordered 10 people, including an Italian cardinal, to stand trial for alleged financial crimes.

    Cardinal Angelo Becciu has become the highest-ranked cleric in the Vatican to be indicted over charges that include embezzlement and abuse of office.

    The 73-year-old cardinal, who denies wrongdoing, was forced to resign last September, but retains his title.

    The charges relate to a multi-million-dollar property purchase with Church funds in London.

    Cardinal Becciu was a close aide to Pope Francis and previously had a key job in the Vatican’s Secretariat of State, which manages the Church’s donations.

    He will face questions over a controversial loss-making deal to invest in the luxury London building while he was in charge at the secretariat; the deal has since been the subject of a financial investigation.

    The $200m (£155m) paid for the apartment block in Sloane Avenue came out of Church money through offshore funds and companies – a deal the cardinal had defended in the past.

    • Russia jails Jehovah’s witness for 8 years over extremism

    In a statement released on Saturday by those close to him, the cardinal said he was “the victim of a conspiracy” and protested his “absolute innocence”, the AFP news agency reports.

    Getting to the heart of the troubling relationship between the Vatican and its finances has become one of the main themes at the Vatican under Pope Francis.

    Parallel to his desire to make the Church a sanctuary where everybody, however imperfect, can find a place, has been his work to make the Vatican a distinctly unwelcoming destination for those who would use it to enrich themselves.

    The alleged crimes listed today still have to be proven in court.

    But the very fact the Pope was ready to sanction the indictment and trial of a cardinal who was not only a senior member of the Vatican hierarchy, but also by his own account a friend of Francis, signals again his clear intention that when it comes to financial wrongdoing he’s prepared to take unprecedented action to clean up the Church’s reputation.

    The risk for the Pope, and the Church, is that this trial will open up the possible mismanagement of the Holy See’s finances to further public scrutiny.

    Two former heads of the Vatican’s financial intelligence unit are among the 10 defendants.

    They face charges including embezzlement, money-laundering, fraud, extortion and abuse of office.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Atiku challenges Tinubu to order ICPC to release El-Rufai after Osun EFCC directive

    Atiku: CBN survey exposes Tinubu’s economic Failure

    Akasoba Duke-Abiola

    Duke-Abiola accepts UN secretary-general nomination

    16 rescued after building collapses in Kano

    16 rescued after building collapses in Kano

    FG begins local production of family planning commodities

    FG begins local production of family planning commodities

    DSS operatives arrest three suspected members of a kidnapping gang in Nasarawa State

    DSS arrests three more suspects over abduction of Nasarawa university dean

    27 suspects arrested over alleged vandalism beneath the Festac-Alakija bridge in Lagos

    Lagos arrests 27 hoodlums for ‘vandalising’ newly constructed bridge

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Atiku challenges Tinubu to order ICPC to release El-Rufai after Osun EFCC directive

    Atiku: CBN survey exposes Tinubu’s economic Failure

    August 8, 2026
    Akasoba Duke-Abiola

    Duke-Abiola accepts UN secretary-general nomination

    August 8, 2026
    16 rescued after building collapses in Kano

    16 rescued after building collapses in Kano

    August 8, 2026
    FG begins local production of family planning commodities

    FG begins local production of family planning commodities

    August 8, 2026
    DSS operatives arrest three suspected members of a kidnapping gang in Nasarawa State

    DSS arrests three more suspects over abduction of Nasarawa university dean

    August 8, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.