Rome Newsroom, May 12, 2021 / 03:30 am
Gianluigi Torzi, the Italian businessman who brokered the final part of the Secretariat of State’s purchase of a London investment property, has been arrested in the United Kingdom.
The arrest, which took place May 11 in London, was requested by an Italian judge in Rome in April.
A spokesman for the Metropolitan Police Service said: “Officers from the National Extradition Unit attended an address on Campden Hill Road, W8, on Tuesday, May 11.”
“Gianluigi Torzi, 42 (16.01.79), was identified and arrested on a Trade and Cooperation Act (TACA) warrant issued in Italy on Wednesday, May 5 and certified by the National Crime Agency on Thursday, May 6.”
“He is accused in Italy of money laundering and fraud offenses.”
“Mr. Torzi appeared before Westminster Magistrates’ Court for an initial extradition hearing where he was remanded in custody. His next appearance is on Tuesday, May 18.”
Torzi, who has denied wrongdoing, is being investigated by Italian authorities for suspected fraudulent billing, money laundering, and other financial crimes in collaboration with three of his associates.
He is also under investigation by the Vatican for his role in facilitating the Secretariat of State’s purchase of a London property on 60 Sloane Avenue in 2018. The Vatican alleges that in doing so, Torzi was part of a conspiracy to defraud the secretariat of millions of euros.