Middleman in Vatican real estate deal held

By AFP
June 07, 2020

ROME: An Italian financier who acted as Vatican intermediary in an opaque London property deal was arrested on Friday, the Holy See announced.

Gianluigi Torzi was said to be a middleman in 2018 during the final stages of the sale of a luxury apartment building on London´s Sloane Avenue to the Secretariat of State, the body charged with the Vatican´s diplomatic and political functions. The deal is the subject of an investigation by Vatican prosecutors, with Pope Francis in November talking of suspected corruption. “Today, the Office of the Promoter of Justice of the Vatican Tribunal, at the end of the interrogation of Mr Gianluigi Torzi... issued a warrant for his arrest,” the Vatican said. He is accused of extortion, embezzlement, aggravated fraud and money laundering, crimes that carry prison terms of up to 12 years under Vatican law.