Saturday, October 12, 2019

A Vatican money mystery that leads back to London

Catholic Vatican business crime corruption accountability

The Vatican police “raided” offices in the Secretariat of State and the financial oversight office known as the Financial Information Authority (AIF) last week. Five officials were suspended: four lay people and one monsignor. The incident made headlines, and then fell off the radar pretty quickly. Why?

Part of the reason is that it has been tough to get details regarding the case. L’Espresso reported that the seizure of documents and hardware from the Secretariat of State and the suspensions were in connection with a series of operations related to a €200 million (£178 million, $247 million) real estate deal in London gone sideways. Beyond saying that the Vatican police took documents and hardware in connection with an ongoing investigation and acknowledging the reported suspensions, the Vatican has offered no details regarding the case.

In response to inquiries from the Catholic Herald, Matteo Bruni, director of the Press Office of the Holy See, said: “For the moment there is nothing we will add to the press release we gave on October 1.”  (more...)


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