Today, the High Court of England and Wales delivered its ruling on the legal battle between Italian financier Raffaele Mincione and the Secretariat of State of the Holy See. The case, which began in 2020, revolved around the investigation initiated by the Vatican’s Promoter of Justice.

Judge Robin Knowles, representing the High Court, declared that the applicants failed to meet the standards of good faith conduct in their communication with the Secretariat of State. This ruling aligns with the decisions of the Vatican Tribunal.

Mincione and his companies sought court declarations affirming their good faith in negotiating contracts with the Secretariat of State, specifically regarding the acquisition of a property in London. However, the Court found that Mincione had provided misleading information about the property’s value.

Despite granting Mincione certain declarations based on contractual provisions, the Court expressed disappointment in Mincione’s conduct. The ruling represents a vindication of the Secretariat of State’s position.

During the trial, it was highlighted how Mincione’s actions fell below the standards of good faith conduct. This decision reinforces the conclusions reached by the Vatican Tribunal, and underscores the importance of honesty and integrity in business dealings.

Overall, the High Court’s ruling serves as a reminder of the importance of transparency and ethical behavior in all aspects of business, especially when dealing with sensitive matters involving international institutions.