Vatican to try ex-execs over cash misuse
VATICAN CITY — Vatican prosecutors have indicted the former president and the ex-treasurer of the Vatican’s children’s hospital over accusations of diverting money from the hospital’s fundraising foundation to pay for the extensive renovation of a top cardinal’s apartment.
The indictment released Thursday orders Giuseppe Profiti and Massimo Spina to stand trial in the Vatican tribunal starting Tuesday.
The indictment accuses the two of using $481,000 from Bambino Gesu Pediatric Hospital’s fundraising foundation to pay for renovations on Cardinal Tarcisio Bertone’s penthouse apartment starting in 2013, when he retired as Vatican secretary of state.
Profiti has admitted to the payment, but he said it was an investment so the foundation could use the apartment for fundraising events.
Bertone, who had appointed Profiti as president of the hospital in 2008, denied knowledge of the payment and said he had paid for the renovations out of his own pocket.