Businessman arrested by Vatican ordered to pay 10 million by UK court
News: Vatican Finances
What’s new: A UK court has ordered Gianluigi Torzi to pay an Italian insurance company 10 million pounds. Lawyers for the company accused him of misappropriating millions in government bonds.
Why it matters: Torzi was arrested by the Vatican last year over his role as broker in the sale of a London building to the Vatican Secretariat of State. The UK cou…