ROME — The Vatican went on trial in a London court Wednesday, as a British financier sought to recover from the harm he said he suffered to his reputation as a result of a Vatican investigation into its 350 million euro (around $375 million) investment in a London property.
ROME — The Vatican went on trial in a London court Wednesday, as a British financier sought to recover from the harm he said he suffered to his reputation as a result of a Vatican investigation into its 350 million euro investment in a London property.It is believed to be the first time the Holy See has been forced to stand trial in a foreign court.
Another London-based broker, Gianluigi Torzi, helped negotiate a 40 million euro payout to Mincione.Vatican prosecutors alleged that Torzi and Mincione, who had had previous business dealings, were working together from the start and conspired to defraud the Holy See of millions of euros.They alleged that Mincione, whose fund had purchased the Harrod's warehouse at auction in 2012 for 129.
Vatican Stands Trial In London As British Financier Seeks To Clear His Name In Property Deal
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