Posted on 04/16/2021 6:39:17 PM PDT by marshmallow
Italian authorities announced on Monday that an arrest warrant has been issued for Gianluigi Torzi, who brokered the Vatican’s 2018 purchase of a London property.
The Italian court order raises a startling assertion from Vatican authorities: that the Secretariat of State acted outside its legal authority when it invested hundreds of millions of euros of Church funds, and when it put Peter’s Pence funds up as collateral for high risk investments.
The charge could render the transactions void, and implicate Cardinals Pietro Parolin and Angelo Becciu with final legal responsibility for the scandal.
The 14-page court order noted that Vatican prosecutors contend that the secretariat’s entire investment into a London property — an investment of hundreds of millions — was made outside of the department’s authority, opening up the possibility that senior curial figures, including Parolin, could be held responsible for illegal expenditures.
“From the investigations carried out by the IOR [the Vatican bank whose initial complaint against the secretariat triggered the Vatican investigation] and the office of the [Vatican] Auditor, it emerged that the acquisitions of properties for investment purposes cannot be carried out by the Secretariat of State, being reserved for the Administration of the Patrimony of the Apostolic See,” Roman magistrate Corrado Cappiello wrote on Monday.
“Furthermore,” Cappiello wrote, “the investment in question does not appear in any official document sent by the Secretariat of State to the Council of the Economy and, in any case, the Secretariat of State cannot use funds received for charitable purposes in operations with a high financial risk.”
(Excerpt) Read more at pillarcatholic.com ...
Time to slap cuffs on these high faulting criminals.
So last year (2020) will be my last year donating to Peter’s Pence. Er, millions.
These guys forgot their WWJD bracelets?
BTW - what would Jesus do?
Throw these money changers outta the church!
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