Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

World News

Convicted Italian cardinal pulls out of conclave to choose new pope

by 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
‘Don’t come here’: Warning from the frontlines to Chinese nationals thinking of fighting for Russia

You may also like

Iran doesn’t believe a nuclear deal is likely,...

May 23, 2025

Russia’s Putin says he hopes there will be...

May 4, 2025

Israel, US in talks to resume aid deliveries...

May 3, 2025

Israeli MP behind bill to expel key UN agency accuses US of interfering with...

October 27, 2024

Peacekeepers’ safety in Lebanon ‘in jeopardy,’ UN official...

October 11, 2024

Russia expels six British diplomats it accuses of...

September 13, 2024

A recent Colombian law lets some women walk...

March 11, 2025

How authorities found a drug kingpin’s luxurious hideout...

June 27, 2025

Hong Kong is becoming a hub for financial...

November 26, 2024

‘It’s absurd’: Mexicans mock and shrug off Trump’s...

January 29, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


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



    Latest

    • Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

      April 7, 2026
    • Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

      April 7, 2026
    • Midterm alarm bells: Democrats face steep favorability deficit despite election gains

      April 7, 2026
    • Democrat whose parents fled Iran moves to oust Hegseth

      April 7, 2026
    • American journalist kidnapped in Iraq is set free, must leave country ‘immediately,’ her employer says

      April 7, 2026
    • What falling wage growth says about where the U.S. economy is heading

      April 7, 2026

    Categories

    • Business (891)
    • Investing (661)
    • Politics (8,051)
    • World News (3,213)

    Disclaimer: WhaleLargeCapital.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 © 2026 whalelargecapital.com | All Rights Reserved