The Vatican tribunal says it convicted a cardinal of aggravated fraud and other charges because of his “objectively inexplicable behavior” in paying a self-styled intelligence analyst more than a half-million euros (dollars) in Vatican money. The city-state’s tribunal issued 816 pages of written motivations from its Dec.
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Becciu was convicted of embezzlement stemming from the original Vatican investment of 200 million euros into the fund that invested in the London property. The tribunal determined that canon law prohibited using church assets in such a speculative investment. The investigation showed, however, that Becciu essentially double-billed the Vatican, with the same amount of money being sent to a British security firm that actually has expertise in liberating hostages. The nun was subsequently freed, but there is no indication Marogna had anything to do with it, the tribunal noted.
Even when told by Vatican gendarmes that Marogna had instead spent the Vatican’s money on luxury vacations and purchases at Prada, Becciu didn’t file a complaint with prosecutors or keep his distance from Marogna. Instead, they continued to communicate via a family friend.
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