Vatican Watch


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Vatican scandals

The Economist
The latest scandal is less grisly, but equally bizarre. On July 1st the IOR’s director, Paolo Cipriani, and his deputy, Massimo Tulli, resigned three days after the Italian authorities arrested and jailed aVatican cleric, Monsignor Nunzio Scarano. He 
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Amid financial scandalVatican posts modest 2.2M euro surplus with donations 

Washington Post
VATICAN CITY — The Vatican posted a 2.2 million euro ($2.85 million) budget surplus for 2012, an improvement from the previous year and some good news as it struggles to cope with a scandalinvolving its embattled bank. In its annual financial 
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Catholic Church Abuse: New Documents Reveal that $57 Million Spent to Hide 

Lawyer Herald
 and deposition testimony from Cardinal and Archbishop of New York Timothy Dolan, who during his time of Milwaukee’s archbishop between 2002 and 2009 appealed to the the Vatican on numerous occasions to help address the fallout from the scandal.
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Vatican financial watchdog now part of network
Malta Independent Online
Nonetheless, the Vatican is reeling under a spate of scandals, including one in which a Vaticanaccountant is jailed in Rome while prosecutors probe an alleged plot to smuggle 20 million euros ($26 million) in cash in a private plane from Switzerland 
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About Old Boy

Love the past and the future but live in the present

Posted on July 6, 2013, in Banking, Catholic, Religion, Wealth and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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