A man pauses on an empty street backdropped by the St. Peter's Basilica in Rome on April 5, 2021. Vatican prosecutors have accused Torzi of extorting €15-million from the Holy See in a London real estate deal.A Rome court has strongly backed Vatican prosecutors in their pursuit of an Italian businessman accused of bilking the Holy See of millions of euros in a London real estate deal, saying he used bad-faith negotiations, last-minute contractual changes and a web of accomplices.
The judges weren’t ruling on Torzi’s guilt or innocence but were merely evaluating the evidence at their disposal – documentation from Vatican prosecutors, Rome prosecutors as well as Torzi’s lawyers – to respond to the defence motions. Torzi has denied wrongdoing, has not been charged in Italy or the Vatican and has said the dispute is the fruit of a misunderstanding.
The Rome judges determined that Torzi and Mincione had a previous business relationship and suggested that Torzi helped engineer Mincione’s 40-million-euro payout to pay Torzi back for a previous 26.4-million-euro loan he had made.
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