-
Marc Marquez on front row at Malaysian MotoGP as Martin ruled out
-
James, Maxey fuel 76ers over Knicks in NBA Cup thriller
-
Injured Martin out of Malaysian MotoGP in big title blow
-
High-speed, high-risk Route du Rhum yacht race sets off Sunday
-
US, S.Korea, Japan vow 'complete' N.Korea denuclearization
-
Fears of violence as France braces for Halloween protests
-
Nations commit to get nature goals back on track
-
OKC's Holmgren to miss at least eight weeks as Thunder injury woes deepen
-
US oil companies aim to squeeze more out of refineries
-
'Not very smart' - Verstappen slams Red Bull stable-mate after clash
-
Leclerc quickest in Mexico GP practice
-
Trump admin approves potential Patriot missiles sale to Ukraine
-
Polish riot police deployed as deposed court chief sets off crisis
-
Sun Goddess wins at Breeders' Cup, O'Brien leads Baffert
-
Young Canadians focus on mental health at key climate trial
-
Nations agree push to get nature goals on track
-
'Breath of fresh air' truce brings hope to Ukraine's ravaged Kherson
-
Leclerc shows practice pace as Antonelli prowls in Mexico
-
British king reflects on colonial atrocities in Guyana
-
Trump, Milei under pressure to explain Bolsonaro flight from Brazil
-
Nations agree crucial texts in overtime at UN nature summit
-
Hakimi bags hat-trick as Paris Saint-Germain rip Le Havre to pieces
-
NBA Trail Blazers lose guard Morant for four weeks
-
Polish riot police deployed after court chief suspended
-
UN nature summit in extra time as nations grapple for deal
-
Emery's focus fully on Fulham despite Barcelona tie
-
Complaints upheld against Swiss TV commentary on Israeli bobsleigher
-
Reigning champs chase history in New York Marathon
-
Tielemans glad Man Utd sticking with Carrick
-
Monaco taken off global money-laundering 'grey list'
-
Scottish police probe Andrew, Epstein stay at royal castle: UK media
-
Canada, EU launch new alliance with deals on Ukraine, minerals, AI
-
Medvedev into Vienna semis and books ATP Finals place
-
Tears, fear, anger: relatives of Spain train crash dead await fate
-
UN nature talks in extra time as nations struggle to reach deal
-
Spurs get Maddison boost ahead of Palace clash
-
Meta settles, leaving Snap sole defendant in new social media trial
-
French authorities fear new street violence at Halloween protests
-
Chelsea manager Alonso dismisses talk of Estevao loan deal
-
Rickelton, Mulder centuries lift South Africa's chances in Test decider
-
Thousands of students, workers hold peaceful protests in Italy
-
Maresca adamant Donnarumma can be dropped but first name selected
-
Iraola glad to raise Liverpool fans' hopes but says hard work ahead
-
EU and Canada to 'withstand shocks together' with new alliance
-
Pope Leo makes history with US midterm vote
-
Flick praises Yamal 'mentality' after missing out on Ballon d'Or
-
Arsenal boss Arteta fires 'Disneyland' warning at Dowman after Fleetwood red card
-
Binance heist: How were cryptocurrency billions stolen?
-
Russia's ice hockey stars come in from the cold after CAS ruling
-
France boards up ahead of Halloween protests
Historic Vatican fraud trial to deliver its verdict
A Vatican court delivers its verdict on Saturday in a historic trial focused on an opaque London property deal, with a once-powerful cardinal among 10 defendants facing jail for alleged financial crimes.
Angelo Becciu, 75, a former advisor to Pope Francis who was once considered a papal contender himself, is the most senior clergyman in the Catholic Church to face a Vatican criminal court.
He and nine other defendants, including financiers, lawyers and ex-Vatican employees, are facing a string of accusations, from fraud, embezzlement and money laundering to extortion, corruption and abuse of office.
They all deny the charges.
At the heart of the trial is the 350-million-euro ($380-million) purchase of a luxury property in London, as part of an investment that began in 2014 and ended up costing the Vatican tens of millions of euros (dollars).
The trial, which began in July 2021, has shone a light on the Holy See's murky finances, which Pope Francis has sought to clean up since taking the helm of the Catholic Church in March 2013.
It is also a test of his reforms.
Just weeks before the trial, Francis gave the Vatican's civilian courts the power to try cardinals and bishops, where previously they were judged by a court presided over by cardinals.
Prosecutor Alessandro Diddi has requested seven years and three months in jail for Becciu, and between almost four and 13 years for the others.
Becciu has always strongly protested his innocence, denouncing the accusations against him as "totally unfounded" and insisting he never took a cent.
For its part, the Holy See views itself as "an offended party" and has asked through Secretary of State Pietro Parolin for the court to "punish all crimes".
Four Vatican entities are civil parties. They have requested compensation from the defendants, including 177 million euros for moral and reputational damage.
- Charitable causes -
The panel of three lay judges met on Saturday morning, before retiring ahead of the verdict on Saturday afternoon.
Court president Giuseppe Pignatone read out a note of thanks to those involved, acknowledging the "complexity" of the case.
Since the trial opened, there have been more than 80 hearings in the dedicated room within the Vatican Museums, where a portrait of a smiling Pope Francis hangs on the wall.
The process has been mired by procedural wrangling, with defence lawyers complaining about a lack of access to key evidence.
Becciu, a globe-trotting former Vatican diplomat, has been a near constant presence in the courtroom.
He was number two in the Secretariat of State, the Vatican department that works most closely with the pope, from 2011 to 2018.
He was moved to lead the department that deals with the creation of saints, before abruptly resigning in September 2020, after being informed of an investigation against him.
Initially, he told the trial, this was about a probe into 125,000 euros of Vatican money he donated to a charity in his native Sardinia, which prosecutors claim benefitted his brother, who ran the organisation.
But he was later drawn into investigations into the purchase and sale of the property on London's Sloane Avenue -- resulting in losses that, according to the Vatican, dipped into resources intended for charitable causes.
When the trial opened, prosecutors painted a picture of risky investments with little or no oversight and double-dealing by both outside consultants and insiders.
Among the defendants are two brokers involved in the London deal, Gianluigi Torzi and Raffaele Mincione, as well as Enrico Crasso, a former Vatican investment manager, and former Vatican employee Fabrizio Tirabassi.
Becciu is also accused over payments made to a Sardinian woman, Cecilia Marogna -- who is also on trial -- which he claims were to help negotiate the release of a Colombian nun kidnapped in Mali.
S.Leonhard--VB