Vatican unveils investment ethics body as corruption trial drags on

FILE PHOTO: A Vatican trial of 10 people accused of financial crimes, including Cardinal Angelo Becciu, resumes after a chief judge ordered the prosecution to give the defence more access to evidence and to question defendants who were not given the right to speak earlier, at the Vatican, November 17, 2021. Vatican Media/­Handout via REUTERS/File Photo

The Vatican on Tuesday unveiled a committee to oversee the ethics of its investments, even as a corruption trial related to a botched London real estate deal in which it lost more than 200 millions euros continued.

The committee will be headed by a cardinal, Irish-American Kevin Joseph Farrell, who is based at the Vatican, but include four outside lay financial experts, a statement said.