Insightful Trader Tips
  • Finances
  • World News
  • Investing
  • Stock
World News

Convicted Italian cardinal pulls out of conclave to choose new pope

by April 29, 2025
April 29, 2025

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

Related Posts

The US Army once ruled Pyongyang and 5...

June 25, 2025

Carney says Trump is no longer interested in...

June 25, 2025

Venezuelan influencer who criticized gangs and police shot...

June 25, 2025

UK to buy 12 nuclear-carrying F-35A jets from...

June 25, 2025

Brazilian tourist who fell from ridge of Indonesian...

June 24, 2025

‘I started to feel numb’: Woman recalls syringe...

June 24, 2025

Israel agreed to a ceasefire with Iran. Could...

June 24, 2025

Russian attacks kill dozens of Ukrainians as Kyiv’s...

June 24, 2025

At least 120 children have been abducted by...

June 24, 2025

Iranian retaliation, a sudden ceasefire, and lingering nuclear...

June 24, 2025

Investing

  • Silver Crown Royalties Announces Annual General Meeting Results

    June 25, 2025
  • Lode Gold Engages Strategic Advisors to Advance Development of the Fremont Mine in Gold County- Mariposa, California

    June 25, 2025
  • Germany, Italy Face Pressure to Repatriate US$245 Billion in Gold as Trust in US Custody Wavers

    June 25, 2025
  • Preparations for Maiden Drill Program at Oasis

    June 25, 2025
  • Rio Tinto and Hancock Pledge US$1.6 Billion to Advance Hope Downs 2 Iron Ore Project

    June 24, 2025

Disclaimer: InsightfulTraderTips.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.

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InsightfulTraderTips.com All Rights Reserved.

    Insightful Trader Tips
    • Finances
    • World News
    • Investing
    • Stock
    Insightful Trader Tips
    • Finances
    • World News
    • Investing
    • Stock
    Copyright © 2025 InsightfulTraderTips.com All Rights Reserved.