Vatican Church Money Misused for Investment in UK
Vatican police on Friday arrested Gianluigi Torzi, an Italian middleman who was part of a controversial deal in which the Vatican used Church money to purchase a luxury building in London as an investment. The investigation had led to the suspension last year of five Vatican employees, the resignation of the Vatican’s police chief and the departure of the former head of the Vatican’s Financial Information Authority (AIF). Torzi was the Vatican’s fiduciary for the deal, in which the Vatican’s Secretariat of State purchased a building in London’s Chelsea district several years ago for $200 million.
Tags : INTERNATIONAL