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UK court backs Vatican in refusing to say London financier acted in ‘good faith’ in property deal

  • A British court supported the Vatican's view that Raffaele Mincione did not act in 'good faith' in his management of its 350-million euro investment.
  • The court found that Mincione and his companies did not protect the Vatican from fraudulent actors.
  • Mincione's request for a declaration of good faith was partly denied, despite some claims being accepted by the court.
  • This case was significant as it marked the first time the Holy See faced trial in a foreign court, amid allegations of financial misconduct.
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The Independent broke the news in London, United Kingdom on Friday, February 21, 2025.
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