Vatican completes sale of controversial London building

In a statement released July 1, the Administration of the Patrimony of the Holy See, known by its Italian initials APSA, said the building at 60 Sloane Avenue in London’s posh Chelsea district was sold to Bain Capital, an American investment company, for 186 million pounds ($223.3 million).

At embezzlement trial, lawyers argue against Vatican jurisdiction

On the first day of a Vatican trial involving alleged embezzlement, money laundering and abuse of office, lawyers for 10 defendants, including Cardinal Angelo Becciu, questioned the Vatican’s jurisdiction in prosecuting their clients and insisted on needing more time to prepare their defense.