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Trial testimony: Vatican wanted to pay off London broker

Trial testimony: Vatican wanted to pay off London broker

ABC News
Tuesday, April 05, 2022 07:03:01 PM UTC

The former head of the Vatican’s financial watchdog has testified that the agency launched an intelligence investigation into a suspicious London real estate deal after it learned about it

VATICAN CITY -- The former head of the Vatican’s financial watchdog testified Tuesday that the agency launched an intelligence investigation into a suspicious London real estate deal after it learned about it but had no power to stop the Vatican secretariat of state from concluding it.

The testimony by defendant Rene Bruelhart in the Vatican’s big fraud and extortion trial again put the spotlight on Pope Francis and the No. 2 in the secretariat of state, Archbishop Edgar Pena Parra, who Bruelhart said made clear the deal had to be concluded “under any circumstances.”

The Vatican’s payment of 15 million euros to Italian broker Gianluigi Torzi to get full ownership of the building is at the heart of the trial into the London property, which has grown to include other financial charges. Prosecutors accuse 10 people, including Torzi, other Italian money managers and Vatican officials, of defrauding the Holy See and extorting it of millions, with losses totaling 217 million euros.

Several witnesses have previously asserted that Francis approved the payment to Torzi, with one saying the pope was so pleased with the outcome of the deal that he paid for a celebratory dinner on May 2, 2019 for the Vatican officials who negotiated it.

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