A former ally of Pope Francis who made history as the first Vatican cardinal to be tried on criminal charges by a civil court. Nine others are also accused of crimes including extortion, embezzlement, money laundering and abuse of office. Prosecutors allege that the ring lost 350 million euros of church funds on a scandal-ridden London property venture, and also that Becciu funneled Vatican funds to his brothers’ businesses in Sardinia.
Court documents say this Credit Suisse account, which belonged to the Vatican and listed Becciu amongst its four signatories of the account, was used in the embezzlement. Becciu’s legal representatives declined to comment on the account and told OCCRP that the Cardinal will answer to the court. They added that his brothers’ business was a charity, and maintained his innocence.
“Correction: This profile has been corrected to clarify that the account was state-owned and that the charges were filed against others.”