The Vatican allegedly sank more than $200 million into the venture - mostly from donations from Catholic faithful - while middlemen allegedly pocketed tens of millions in fees. Last year, L'Espresso linked the cardinal to a shady investment in high-end London real estate. Reporter Massimiliano Coccia says his reporting showed "Becciu's family affairs had become affairs of state." Cardinal Angelo Becciu has resigned from the post and renounced his rights as a cardinal amid a financial scandal that has reportedly implicated him indirectly.Īn exposé in L'Espresso accused Becciu of nepotism, including steering church funds for charity to a nonprofit run by his brother on the island of Sardinia. Cardinal Angelo Becciu talks to journalists during a news conference in Rome, on Sept.
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