New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

World

Convicted Italian cardinal pulls out of conclave to choose new pope

by admin April 29, 2025
April 29, 2025
Convicted Italian cardinal pulls out of conclave to choose new pope

A cardinal convicted of financial crimes by the Vatican said Tuesday he will not take part in the secret conclave to elect the new pope.

Cardinal Giovanni Angelo Becciu, once one of the most powerful figures in the Vatican, was ordered by Pope Francis in 2020 to resign the “rights and privileges” of a cardinal after he became embroiled in a Vatican financial scandal.

Following the pope’s death last week, Becciu launched an appeal in support of his right to be in the conclave, but on Tuesday, he issued a statement announcing he was formally pulling out. “I have decided to obey, as I have always done, Pope Francis’ will not to enter the Conclave while remaining convinced of my innocence,” he said.

Cardinals have chosen May 7 as the date to start conclave and elect a new leader for 1.4 billion Catholics around the world, the Vatican announced Monday.

Becciu’s decision to withdraw from the conclave comes just seven days after he told a Sardinian newspaper that “there was no explicit will to exclude me from the conclave nor a request for my explicit renunciation in writing.”

The Sardinian cardinal previously held the position of “sostituto” (“substitute”) in the Holy See’s Secretariat of State – a papal chief of staff equivalent. The role offered Becciu walk-in privileges to see the pope and he commanded huge authority across the church’s central government. He was later moved to a position running the Vatican’s saint-making department.

Becciu was convicted of embezzlement and fraud in 2023 and handed a five-and-a-half-year jail sentence. He is the first cardinal to be convicted by the Vatican’s criminal court.

But the cardinal, who has always maintained his innocence, launched an appeal that’s currently still under consideration. He’s allowed to continue to live in a Vatican apartment while this process is underway.

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
‘Mushroom murder’ trial begins for woman accused of killing lunch guests in Australia
next post
First batch of Hong Kong democrats freed after four years’ prison for subversion

Related Posts

‘I am leaving for the unknown.’ Palestinians fleeing Rafah...

May 7, 2024

Protesting farmers hurl eggs and clog streets with...

February 1, 2024

India and Pakistan both claim victory. But this...

May 12, 2025

Israel attacked three key Iranian nuclear facilities. Did...

June 15, 2025

Preacher wanted by FBI on sex crime charges...

August 27, 2024

Australia found out about Chinese navy live-fire drills...

February 25, 2025

Rare sighting of four snow leopards together sparks...

March 18, 2025

Israel completes withdrawal from key road dividing Gaza...

February 9, 2025

Construction tycoon among 17 wanted in Thailand over...

May 16, 2025

With ‘Water & Garri,’ Nigerian singer Tiwa Savage...

May 18, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Israel attacked three key Iranian nuclear facilities. Did it strike a decisive blow?

      June 15, 2025
    • Russia is shifting tactics again, assaulting Ukrainian cities with swarms of killer drones

      June 15, 2025
    • French president to touch down in Greenland, in solidarity with territory eyed by Trump

      June 15, 2025
    • At least two dead after bridge collapses in India tourist destination

      June 15, 2025
    • Fear grips Iranians, with some fleeing the capital as conflict with Israel escalates

      June 15, 2025
    • Time for Israel to take out ‘head of the snake,’ target members of Iranian regime, says former IDF intel chief

      June 15, 2025

    Popular

    • 1

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 2

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 3

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 4

      Americans are starting to feel better about the economy and inflation

      December 13, 2023
    • 5

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023
    • 6

      Rare Earths Stocks: 8 Biggest Companies in 2024

      January 12, 2024
    • 7

      Investing in Graphene Companies

      May 9, 2024

    Categories

    • Business (1,365)
    • Investing (3,313)
    • Politics (4,333)
    • World (4,277)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 newmarketperspective.com | All Rights Reserved