Cover image: Cardinal Angelo Becciu talks to journalists during press conference in Rome, Friday, Sept. 25, 2020. (Credit: Gregorio Borgia/AP.)
14 October 2020
Pope Francis is relentlessly yet quietly carrying on with the clean-up operation of Vatican Finances. A few days ago he made Cardinal Angelo Becciu resign (read removed) for embezzlement of funds in connection with a property in London. He had begun this clean-up operation with the appointment of Cardinal George Pell In February 2014 to oversee Vatican finances. Then suddendly Cardinal Pell was charged of multiple child sexual abuse in 2017 and had to go to Australia to face the Prosecution. After getting cleared of the charges by Australia's High Court this year, he is back in the Vatican and had an audience with the Pope the other day. Incidentally, the now-removed Cardinal Angelo Becciu was Cardinal Pell’s deputy at the economy ministry. The pair frequently clashed over the Vatican’s financial overhaul until Pell left Rome for Australia in 2017 to face child sexual abuse charges. It appears it was a conspiracy to get Cardinal Pell out of the way and derail Pope Francis' financial reforms.
The following report in the The Guardian of 12th October 2020 is quite revealing:
"The Vatican has not revealed any details about the accusations against Becciu, but reports in the Italian press last month said he allegedly siphoned off funds to help his siblings. Becciu denied any wrongdoing, telling the press that he found the allegations against him “surreal”.
The Italian press later claimed Becciu was suspected of having paid bribes to an Australian witness in Pell’s sexual abuse case in order to try to influence the outcome, prompting Pell’s lawyer to call for an investigation into the claims. Becciu denied the allegations.
Becciu was involved in a controversial deal in which the secretariat used church money to purchase a luxury building in London as an investment. Becciu has defended the investment, saying it was consistent with standard practice and has not lost the Vatican any money."
While the Pope is doing what he does the best (clean-up), the Indian Church Hierarchy, as a whole, is seeped in opaque financial operation and continues not to care two hoots about `Transparency' and `Accountability.' Remember, Humpty Dumpty had a great fall? Isaac Gomes, Associate Editor, Church Citizens' Voice.
ROME — The Vatican’s swirling corruption investigation has taken a mysterious new twist with the arrest on an international warrant of a Sardinian woman said to be close to one of the Holy See’s most powerful cardinals before his downfall.
Italy’s financial police said Wednesday that Cecilia Marogna had been arrested in Milan late Tuesday on a warrant issued by the Vatican City State. An official of the Guardia di Finanza, speaking on condition of anonymity, said the agency had no further information since officers merely executed the warrant on behalf of a foreign country, the Vatican.
Italian newspapers in recent weeks have reported that Cardinal Angelo Becciu, the onetime No. 2 in the Vatican secretariat of state, had wired hundreds of thousands of euros in Holy See funds to Marogna’s Slovenian-based consulting firm, purportedly for humanitarian operations in Africa and Asia.
The reports, including interviews with Marogna herself, have identified the 39-year-old as a political analyst and intelligence expert who reached out to Becciu in 2015 with concerns about security for Vatican embassies in hotspots and was quickly brought into the cardinal’s inner circle.
Marogna told Corriere della Sera that over four years, Becciu wired her 500,000 euros as compensation, travel reimbursements and consultancy fees. She defended some luxury expenditures — designer pocketbooks for example — as being “may be for the wife of a Nigerian friend who was in a position to talk to the president of Burkina Faso.”
Becciu, who was sacked by Pope Francis last month after admitting he sent 100,000 euros in Vatican money to a charity headed by his brother, has insisted that his dealings with Marogna were legitimate.
In an Oct. 7 statement issued by his lawyer, Becciu said “the contacts with Cecilia Marogna strictly pertains to institutional affairs.”
Marogna’s arrest was believed to be part of a sprawling corruption investigation launched last year by Vatican prosecutors into the Holy See’s 350 million euro investment into a London real estate venture, much of it funded by donations from the faithful.
Vatican prosecutors are investigating a handful of Italian middlemen who are accused of having fleeced the Holy See of tens of millions of euros in fees while the Vatican’s incompetent money managers stood by.
Vatican prosecutors haven’t indicted anyone yet, and their case seems rife with holes and potential conflicts, given the Holy See’s superiors approved the contracts with the middlemen that ceded them voting rights in the deal and provided them with huge management fees.
To that extent, it’s not immediately clear what charges Marogna could face if she was merely on the receiving end of consulting fees approved by Becciu, who had been given broad discretionary authority to manage the secretariat of state’s assets by none other than the secretary himself, Cardinal Pietro Parolin.
Becciu was the “substitute” in the secretariat of state from 2011-2018, during which time at the original real estate investment was made. But his replacement and the current No. 2 actually signed off on the last phase of the deal that has cost the Vatican so much money.
Neither Becciu nor his replacement have been formally identified as suspects in the case, though when Francis fired Becciu last month, he also revoked his rights and privileges as a cardinal, meaning he could eventually be judged by Vatican magistrates.
Becciu, who like Marogna is from Sardinia, has denied wrongdoing and defended the original investment as sound.