CNA Staff, May 19, 2021 / 09:15 am
A U.K. judge has set a bail of $1.6 million for Gianluigi Torzi, the businessman who helped to broker the Vatican’s controversial purchase of a London investment property.
Judge Paul Goldspring ordered the broker to put up the sum because he feared that Torzi was a flight risk following his arrest in London at the request of a judge in Rome, reported Bloomberg News May 19.
The news agency said that Torzi was required to surrender all his passports and would not be released from custody until he put up the full amount.
Torzi was arrested in London on May 11. The 42-year-old, who denies wrongdoing, is accused in Italy of money laundering and fraud offenses.