Cardinal Angelo Becciu resigns amid real estate scandal

Vatican Cardinal Angelo Becciu on Thursday resigned as the head of the Congregation for the Causes of Saints amid a financial scandal, according to AP. The congregation is a department of the Holy See that decides who will be a saint in the Roman Catholic Church.

The Holy See, the jurisdiction of the pope, said in a statement only that Pope Francis has accepted Becciu’s resignation “and his rights connected to the cardinalate” have been taken away.

Becciu was reportedly involved in a real estate scandal around the Vatican’s investment in London that had cost the Holy See millions of euros in fees given to middlemen. However, the cardinal was not named in the investigation initiated by the Vatican prosecutor involving many of the officials of the Church as well as middlemen.

The deal is from 2014, when the Vatican invested over $200 million in a fund run by an Italian…

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