The Vatican's 'trial of the century,' a Pandora's box of unintended revelations, explained

Verdicts are expected for a cardinal and nine defendants in the most complicated financial trial in the Vatican’s modern history

Verdicts are expected Saturday for a cardinal and nine other defendants in the most complicated financial trial in the Vatican's modern history: a case featuring a Hollywood-worthy cast of characters, unseemly revelations about the Holy See and questions about Pope Francis ’ own role in the deals.

The trial had initially been seen as a showcase for Francis’ reforms and his willingness to crack down on alleged financial misdeeds in the Vatican, which long had a reputation as an offshore tax haven.

But after 2 1/2 years of hearings, no real smoking gun emerged to support the prosecution’s hypothesis of a grand conspiracy to defraud the pope of millions of euros (dollars) in charitable donations.

Even if some convictions are handed down, the overall impression is that the “trial of the century” turned into something of a Pandora’s box of unintended revelations about Vatican vendettas, incompetence and even ransom payments that ultimately cost the Holy See reputational harm.

After a two-year investigation that featured unprecedented police raids in the Apostolic Palace, Vatican prosecutors in 2021 issued a 487-page indictment accusing 10 people of numerous financial crimes, including fraud, embezzlement, extortion, corruption, money laundering and abuse of office.