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NEWS ABOUT: Vatican Bank

Vatican Mole Is... Pope's Butler?

Paolo Gabriele is arrested after allegedly leaking Benedict's letters

(Newser) - An in-house scandal at the Vatican expanded dramatically yesterday with the arrest of the pope's butler, Paolo Gabriele, who was found with confidential documents on him and has been accused of leaking the private letters of Benedict XVI to the press, reports the New York Times . The Vatican confirmed... More »

Vatican Bank Chief Bounced

'I have paid for my transparency,' Ettore Gotti Tedeschi says

(Newser) - The chief of the secretive Vatican bank has been given the boot for allegedly letting standards slip at the institution. Ettore Gotti Tedeschi was forced to resign after the bank's board of directors unanimously passed a no-confidence vote against him for failing "to carry out duties of primary... More »

Vatican Leaks Expose a Mutiny Within

Leaks shed light on Holy See power struggle

(Newser) - The Vatican's already-battered image is taking a beating lately from a series of leaks that have exposed an ugly power struggle inside the Holy See, Reuters reports. "It is a total mess," says one source, who believes the leaks are part of a "mutiny of the... More »

Prosecutors: Vatican Bank Covered for Mafia

Bank hid source of client funds, say officials

(Newser) - The Vatican Bank knowingly hid money for the mafia, breaking money laundering laws in the process, prosecutors allege in documents filed in Italian court. Investigators also suspect that several members of the clergy have acted as fronts for mobbed-up businessmen. The allegations spring from a money-laundering probe into the Church’... More »

Vatican Bank Probed for Money Laundering

$34M in mystery funds frozen by Italian authorities

(Newser) - Italian authorities have frozen $34 million at the heart of a money-laundering probe of the Vatican Bank. Two officials, including the chairman of the institution, are under investigation for failing to disclose the identity of clients linked to the funds, which is required by Italian law. The bank, whose main... More »

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