FILE - A view of St. Peter’s Basilica at the Vatican, March 11, 2020. The Vatican was forced to stand trial in a London court Wednesday, as a British financier sought to recover from the reputational harm he said he suffered as a result of a Vatican investigation into its 350 million euro investment in a London property.
to acquire 45% of the London property, a former Harrod’s warehouse that it hoped to develop into luxury apartments for the purpose of reaping rental income as a long-term return on its investment. Mincione has insisted he acted in good faith throughout his dealings with the Vatican and rejected the Vatican’s accusations. He has taken his case tooffice to highlight some of the incongruities of the Vatican trial, which have also been flagged as problematic by other defense lawyers andIn the British civil case, he is seeking to have the court rule that he acted in good faith and hadn’t inflated the value of the property when the Vatican bought him out.