The Vatican scandal over a gone-wrong London property investment has proved difficult for one of the Vatican’s senior Cardinals, but in a bizarre twist it has also lead to a sun-bathing lawyer representing the Cardinal to lose his job too.
Cardinal Angelo Becciu is at the center of a dispute over a luxury Chelsea property, one of London’s best neighbourhoods, which has seen the arrest of a man charged with “extortion, embezzlement, aggravated fraud and self laundering”.
Cardinal Becciu’s has resigned his position and renounced his rights after finding himself implicated in the financial scandal involving the purchase of the luxury building.
But his lawyer, Ivano Iai, a recreational body builder, has had to resign his role representing the Cardinal after he had posted a series of photographs of himself on Instagram and Twitter, in a seaside setting and arching playfully across a rock.
“I gave up the job,” Iai said in a statement on Tuesday, saying he was “sorry” that his social media presence had added to the difficulties of the cardinal and his family.
“With great sorrow I communicate that I have renounced the mandate given to me by the Becciu family who honored me with their uncommon trust and affection,” Iai said.
The Vatican later accused Italian middlemen, who were part of the fund, of allegedly fleecing the Holy See of millions of euros in fees in respect of the London investment.
Officials did not put investigate Becciu, who has denied any wrongdoing.
- Revolutionizing Law Firm Marketing: AI-Driven Strategies to Outrank Competitors and Boost Efficiencylaw firm marketing is changing with AI and the competitive situation requires firms to embrace the best AI technology
- The Surprise Departure From Russell McVeaghRussell McVeagh departure of Polly Pope
- Russell McVeagh Grows Partnership with Four New PartnersLeading commercial law firm Russell McVeagh is further growing its partnership with key home-grown senior talents – Alex MacDuff, Bevan Peachey, Hannah Wilson and Michael …
- NZ Law News: Hesketh Henry Appoints New Managing PartnerNZ Law News
- Former Kirkland’s Tech lawyer Moves to Paul, WeissThe ongoing lateral moves of lawyers from Kirkland & Ellis to Paul Weiss in London continues, following …