An Italian financier facing probes by Vatican and Roman prosecutors has been arrested in London, British court officials said Wednesday. Gianluigi Torzi, 42, was apprehended by London police on Tuesday, and appeared at Westminster Magistrates Court "following a warrant issued from Italy", a court official told AFP. Prosecutors in Rome issued that arrest warrant on April 12 for alleged money laundering and fake invoicing. Torzi is believed to have a residence in London. "Full bail arguments were heard. He was remanded in custody until May 18," the court official said, adding that a date for an extradition hearing was expected to be determined then. Torzi was arrested and later released on bail by Vatican authorities in June 2020, on charges of extortion, embezzlement and aggravated fraud linked to a controversial real estate deal. Vatican authorities allege that Torzi made an illegal profit of 15 million euros ($18.2 million) while acting as a go-between in a Vatican investment on a luxury property in central London. The 2018 real estate operation underscored the opaque financial dealings of the Vatican's central administration, the Secretariat of State, which Pope Francis has...
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