In an important and significant judgment, His Honour Judge Baumgartner – sitting at Southwark Crown Court, has ruled that a Restraint Order obtained by the DPP on behalf of the Vatican City State against Gian Luigi Torzi be discharged and awarded him costs.
There is presently a restriction on publicising the transcript or details of the judgment. The Court will determine whether the restriction on publication of the judgment may be lifted after receiving representations from the parties. For the time being we are unable to go into the details of the judgment until this issue is resolved.
Mr Torzi has always maintained that he was only ever involved in a genuine commercial transaction with the Vatican and he is therefore extremely pleased the Court has discharged the Restraint Order.
11th March 2021
