Judge rejects dishonesty allegations but finds Raffaele Mincione’s representation of London building’s value was ‘not frank’

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.

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.