UK court refuses to say financier acted in ‘good faith’ in Vatican deal but says he wasn’t dishonest
A British court has largely backed the Vatican and refused to declare that a London-based financier acted in “good faith” in his dealings involving the Holy See’s investment in a London property.
Vatican 'utterly let down' by Italian financier over London property investment, UK court rules
LONDON -The Vatican was "utterly let down" by an Italian financier over the Catholic Church's botched investment in a high-end London property, a judge ruled on Friday (Feb 21) following a trial at which a senior aide to Pope Francis gave evidence.
Vatican ‘Let Down’ by Financier Over Property Deal, Judge Says
The Vatican was “utterly let down” by a financier over the purchase of a luxury London property that left the city state facing more than €100 million ($105 million) in losses, a London judge ruled.
Vatican hails British court ruling in London property case
The Vatican City State's chief prosecutor said he was satisfied with a British court ruling that said a now-convicted financier involved in the Vatican purchase of a London property had not acted in good faith.
British Court Backs Vatican on Investment Deal, But Financier Claims Partial Victory
The British High Court largely supported the Vatican in a case involving a controversial property investment. Despite financier Raffaele Mincione's claims of victory, the court found he had let the Holy See down.
Vatican 'let down' in botched London property deal involving The Pope himself, UK Judge rules
Mr Mincione, who denies dishonestly hiking the price of the property, stressed during the legal battle that he advised The Vatican that it was investing in a project, not just a property, which could in time have risen to a value of £400 million.
Vatican ‘let down’ by financier in London property deal, High Court says
Judge rejects dishonesty allegations but finds Raffaele Mincione’s representation of London building’s value was ‘not frank’
Vatican's $147 Million Investment Fiasco: Court Ruling Shakes Italian Financier
A court ruled that the Vatican was let down by Italian financier Raffaele Mincione over a failed London property investment. Mincione, who denied wrongdoing, was convicted in 2023. He seeks to clear his name through appeals and complaints.
British court confirms Vatican was defrauded in London real estate deal
A ruling by the High Court of England and Wales published Feb. 21 confirmed that the Vatican Secretariat of State was deceived by Italian financier Raffaele Mincione.
UK court backs Vatican in refusing to say London financier acted in 'good faith' in property deal
A British court has largely backed the Vatican and refused to declare that a London-based financier acted in “good faith” in ...
British financier cleared of fraud after legal battle with Vatican
High court clears businessman of conspiracy in ‘trial of the century’ but insists Holy See was ‘utterly let down’ ...
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Father, Son, and My Lord: Vatican faces English High Court over luxury Chelsea property fraud
British-Italian City financier Raffaele Mincione acted as investment manager for the Vatican Secretariat of State from 2014 to 2018 and ultimately sold the London property in 2022 to Bain Capital.