Friday, September 25, 2020

Powerful Vatican Cardinal Becciu resigns amid financial scandal

The Vatican provided no details on why Pope Francis accepted Becciu's resignation in a statement late Thursday.

Giovanni Angelo Becciu will not be able to participate in a possible future conclave to elect Pope Francis’ successor.Andreas Solaro / AFP - Getty Images file

By The Associated Press

ROME — The powerful head of the Vatican's saint-making office, Cardinal Angelo Becciu, resigned suddenly Thursday from the post and renounced his rights as a cardinal amid a financial scandal that has reportedly implicated him indirectly.

The Vatican provided no details on why Pope Francis accepted Becciu's resignation in a statement late Thursday. In the one-sentence announcement, the Holy See said only that Francis had accepted Becciu's resignation as prefect of the Congregation for the Causes of Saints “and his rights connected to the cardinalate."

Becciu, the former No. 2 in the Vatican's secretariat of state, has been reportedly implicated in a financial scandal involving the Vatican's investment in a London real estate deal that has lost the Holy See millions of euros in fees paid to middlemen.  Read more >>