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 ‘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
In a 50-page ruling published Feb. 21, Judge Robin Knowles of the High Court of Justice declined to issue the declarations Mincione sought, saying that the financier and his companies "made no attempt to protect the State (Vatican City State) from fraudulent bad actors. They took no care towards the State and they put their own interests first."
Vatican 'utterly let down' by Italian financier over London property investment, UK court rules
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 following a trial at which a senior aide to Pope Francis gave evidence.
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.
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 ...
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UK court backs Vatican, refuses to say London financier acted in 'good faith' in property deal
The British High Court said the Vatican “had reason to consider itself utterly let down” in its experience with Raffaele Mincione, who had managed the money-losing investment for the Holy See ...