Appeals court upholds sentence against former Vatican bank president catholicnews.com
A Vatican court upheld sentences against the former president of the Vatican bank and his lawyer, who were found guilty in 2021 of money laundering and embezzling millions of euros from Vatican property sales.
According to a statement released by the Vatican July 22, the Vatican appellate court rejected an appeal made by Angelo Caloia, who served as president of the Institute for the Works of Religion from 1999 to 2009, and his lawyer, Gabriele Liuzzo.
Caloia and Liuzzo both were sentenced originally to eight years and six months in jail for skimming profits from the sale of Vatican properties. Their sentences were reduced by five months after two charges were dropped due to lack of evidence and the statute of limitations had passed….
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