Vatican News

'Conflict of interest'? — Mincione invested Vatican in Torzi bond before London sale

Washington, D.C. Newsroom, Oct 9, 2020 / 09:10 am (CNA).- When the Vatican purchased a London luxury apartment building from its investment manager in 2018, the building owner and the deal’s broker may have had a conflict of interest during negotiations. 

Raffaelle Mincione, the building owner, invested 10 million euros of Vatican funds into securitized debt packaged and sold by a company belonging to Gianluigi Torzi, the broker of the building sale, a CNA investigation has discovered. 

Cardinal Becciu claims ‘absolute falseness’ of allegations against him

CNA Staff, Oct 8, 2020 / 11:00 am (CNA).- Cardinal Angelo Becciu insisted Wednesday on the “absolute falseness” of claims of financial misconduct against him.

In a press statement issued through his lawyer Oct. 7, the embattled former senior Vatican official denied a series of allegations presented in the Italian media following his dramatic resignation of his rights as a cardinal last month.

Vatican City State makes masks compulsory outdoors

CNA Staff, Oct 6, 2020 / 01:00 pm (CNA).- Face coverings must be worn outdoors within the territory of Vatican City State to prevent the spread of the coronavirus, a Vatican official announced Tuesday.

In a Oct. 6 letter to Vatican department heads, Bishop Fernando Vérgez, Secretary General of the Governorate of Vatican City State, said that masks should be worn “in the open air and in all workplaces where distance cannot always be guaranteed.”

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