The Vatican Court of Appeal has sentenced a Vatican ex banker for criminal embezzlement.

Written by on July 23, 2022

The Vatican Court of Appeal on Friday upheld an almost nine-year sentence against a former head of the Vatican bank for embezzlement and money laundering.

Angelo Caloia, now 83, was sentenced to eight years and 11 months in prison in January 2021, and fined 12,500 euros, in the first ever jail sentence issued by a Vatican state court in relation to financial crimes.

The verdict, which also saw lawyer Gabriele Liuzzo given the same sentence, was a milestone in Pope Francis’ ongoing efforts to clean up Vatican governance

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