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The Independent UK
The Independent UK
National
Nicole Winfield

Pope sought to lose 'as little as possible' in London deal

Copyright 2023 The Associated Press. All rights reserved

Pope Francis gave clear indications to get out of a disastrous London real estate deal by saying the Vatican must “start over and lose as little money as possible," an exit strategy that eventually involved paying off a broker 15 million euros, the Holy See’s No. 3 official told a court Thursday.

Archbishop Edgar Pena Parra, the “substitute” in the secretariat of state, was the highest-ranking witness to be questioned by defense attorneys for 10 people on trial for alleged financial crimes involving the London property and related dealings. His testimony was eagerly sought by the defense, given that he oversaw the final phase of the London deal in 2018-2019 as well as the negotiations with the broker, Gianluigi Torzi.

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