"One of the Vatican’s most powerful cardinals has resigned suddenly amid an ongoing investigation into the suspected misuse of Catholic charitable funds for investments in luxury London real estate. The Vatican said on Thursday evening that Cardinal Giovanni Angelo Becciu, the Italian head of the church’s office for appointing saints, had relinquished his rights as a cardinal after a meeting with Pope Francis...."
"...His role at the Secretariat included administering hundreds of millions of euros of charitable donations to the Church by Catholics around the world. In that position in 2014 he personally authorised a $200m property investment using such funds in a large office building being converted into luxury apartments in London’s Chelsea district, in a deal involving an Italian former banker Raffaele Mincione."
https://www.ft.com/content/0db675a8-6c0b-4815-b0d5-e208f4541efa
"...His role at the Secretariat included administering hundreds of millions of euros of charitable donations to the Church by Catholics around the world. In that position in 2014 he personally authorised a $200m property investment using such funds in a large office building being converted into luxury apartments in London’s Chelsea district, in a deal involving an Italian former banker Raffaele Mincione."
https://www.ft.com/content/0db675a8-6c0b-4815-b0d5-e208f4541efa