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.
- America’s Top 20 Lawyers – Who Makes The Top of Forbes Top Lawyers List?Forbes Top Lawyers in America The Forbes Top Lawyers in America lists their top 200, including some… Read more: America’s Top 20 Lawyers – Who Makes The Top of Forbes Top Lawyers List?
- Freshfields The Latest Big Law Firm To Issue ‘Back to Work’ Command on Hybrid Law Firm WorkAs one of the LawFuel prestige law firm members, Freshfields is another employer changing the hybrid law… Read more: Freshfields The Latest Big Law Firm To Issue ‘Back to Work’ Command on Hybrid Law Firm Work
- Australian Law Job Opportunities Beckon Kiwi Lawyers, Says Australian Law RecruiterAustralian Law Job Market New Zealand lawyers are among the sought-after professionals Australia is seeking through Australian… Read more: Australian Law Job Opportunities Beckon Kiwi Lawyers, Says Australian Law Recruiter
- Linklaters announces 27 new partners and 49 counselLinklaters has elected 27 new partners and promoted 49 lawyers to counsel across its global platform, with… Read more: Linklaters announces 27 new partners and 49 counsel
- Former Los Angeles Deputy Mayor Found Guilty of Racketeering Conspiracy that Corrupted City Real Estate Development ProjectsLOS ANGELES – A former deputy mayor and long-time Los Angeles city official was found guilty by a… Read more: Former Los Angeles Deputy Mayor Found Guilty of Racketeering Conspiracy that Corrupted City Real Estate Development Projects