Vatican court hands down historic
money laundering verdict
Vatican tribunal. |
The Holy See Press Office announces that the first person in
the Vatican’s history has been tried and found guilty of money laundering.
On Thursday, the Holy See Press Office released a statement
announcing that Angelo Proietti was found guilty of money laundering on 17
December. The statement says that Proietti was handed a prison sentence
of two years and six months. In addition, the judge ordered the confiscation of
the more than € 1 million seized by Vatican authorities in 2014.
The Holy See’s statement continues to say that the
investigation was a collaborative one between the Office of the Promoter of
Justice, the Financial Intelligence Authority, the Vatican City State
Gendarmerie, and Italy.
Lastly, the statement says that this decisions “assumes fundamental
importance” in the Vatican’s efforts to prevent money laundering and the
financing of terrorism.
Historic verdict
This is the first time that the Vatican has prosecuted
someone for this offence since it became a criminal offense in the Vatican in
2010 as part of the Vatican’s financial reform.
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