Niccolo Mainoni

Remember, Gelli wanted to bring fascism back to Italy. In the 70s and 80s, P2 was trying to launch a coup to take over the country.

Remember, Gelli wanted to bring fascism back to Italy. In the 70s and 80s, P2 was trying to launch a coup to take over the country.

When Gelli was finally arrested in 1982, he was carrying a document, a document that was mysteriously buried in his case file for a long time. It was only officially unearthed by Italian courts as I started reporting on the Calvi affair.

When Gelli was finally arrested in 1982, he was carrying a document, a document that was mysteriously buried in his case file for a long time. It was only officially unearthed by Italian courts as I started reporting on the Calvi affair.

The document shows that in the weeks surrounding a horrific terrorist attack, a bombing at a train station in Bologna, Gelli sent over $11 million to Marco Cerruti. The title of the makeshift accounting document was Bologna.

The document shows that in the weeks surrounding a horrific terrorist attack, a bombing at a train station in Bologna, Gelli sent over $11 million to Marco Cerruti. The title of the makeshift accounting document was Bologna.

Willen is pretty matter of fact here. So let me just tell you that this is a stunning allegation. Putting my lawyer hat on for a moment, this was never proven in court. And through his lawyer, Cerruti has admitted that he received millions from Gelli, but claims they were for antiques.

Willen is pretty matter of fact here. So let me just tell you that this is a stunning allegation. Putting my lawyer hat on for a moment, this was never proven in court. And through his lawyer, Cerruti has admitted that he received millions from Gelli, but claims they were for antiques.

But Carlo's theory is that Gelli used Cerruti to pay terrorists to set off a bomb in Bologna that killed 87 people. It's still considered one of the worst acts of terrorism in European history.

But Carlo's theory is that Gelli used Cerruti to pay terrorists to set off a bomb in Bologna that killed 87 people. It's still considered one of the worst acts of terrorism in European history.

Stonework crashed down like a disaster movie, crushing and injuring hundreds, even decades removed. Watching videos of the rescue effort is really hard.

Stonework crashed down like a disaster movie, crushing and injuring hundreds, even decades removed. Watching videos of the rescue effort is really hard.

However, a right-wing extremist group claimed... Carlo and Willen think that Calvi had a copy of the multimillion-dollar wire transfer because Calvi was Licho Jelly's banker.

However, a right-wing extremist group claimed... Carlo and Willen think that Calvi had a copy of the multimillion-dollar wire transfer because Calvi was Licho Jelly's banker.

This was exactly the kind of information Calvi was hoping to leverage to save his bank and himself. If Grandmaster Jelly paid for the Bologna train bombing, then maybe Calvi found out about these payments because they passed through his own Banco Ambrosiano. And maybe with this incendiary piece of news, Calvi tried to blackmail P2. And that may have been the straw that broke the camel's back.

This was exactly the kind of information Calvi was hoping to leverage to save his bank and himself. If Grandmaster Jelly paid for the Bologna train bombing, then maybe Calvi found out about these payments because they passed through his own Banco Ambrosiano. And maybe with this incendiary piece of news, Calvi tried to blackmail P2. And that may have been the straw that broke the camel's back.

Even so, it still felt a bit speculative. But then, Willen told me one very important detail. Bologna bombing investigators filed paperwork looking for Calvi the day he fled Italy.

Even so, it still felt a bit speculative. But then, Willen told me one very important detail. Bologna bombing investigators filed paperwork looking for Calvi the day he fled Italy.

The Bologna investigation coincided perfectly with Calvi's escape. I was shocked I hadn't heard about this sooner, but it had been considered a fringe theory by prosecutors up until very recently when Jelly's documents were rediscovered. Once I understood the Bologna theory, though, a lot of the story started to fit into place.

The Bologna investigation coincided perfectly with Calvi's escape. I was shocked I hadn't heard about this sooner, but it had been considered a fringe theory by prosecutors up until very recently when Jelly's documents were rediscovered. Once I understood the Bologna theory, though, a lot of the story started to fit into place.