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Benedict XVI's secretary admitted in an interview Tuesday that the pope emeritus was caught off-guard when the Vatican bank chairman was ousted during his tenure in May 2012. Ettore Gotti Tedeschi was sacked by the Institute of Religious Works (IOR)
Certainly if the pope wants to, he can close the IOR," said a senior Vatican official, a prelate who had years of experience of directly dealing with the bank. The future of the IOR was one of main issues Francis would have to confront now that the
The former head of the Vatican bank, Ettore Gotti Tedeschi, was questioned on Thursday by prosecutors investigating suspect operations at the troubled Monte dei Paschi di Siena (MPS) bank. The prosecutors wanted to talk to Gotti Tedeschi about MPS's
The Vatican bank, one of the most secretive institutions in the secrecy-obsessed Vatican, opened its doors to journalists Thursday in a bid to show it's serious about fighting money-laundering and being more financially transparent.
Updated For the last six months, the so-called Vatileaks affair has rocked the frescoed halls of the Vatican, plunging the global center of the Roman Catholic church into turmoil. Sparked by the publication of dozens of confidential documents, the
Stung by an in-house scandal, Pope Benedict XVI is stressing the need for loyalty among aides working for him at the Vatican and abroad. He delivered the pep talk Monday to a group of prelates preparing to serve the Holy See
Intrigue mounted Saturday over the controversial ouster of the Vatican bank's president, with leaked documents showing board members and even a psychiatrist had questioned his behavior and fitness for the job months before he was fired.
The Vatican has chastised Italian authorities for seizing documents intended for Pope Benedict XVI during a raid on the home of the recently ousted Vatican bank chief. The Vatican said in a statement Friday that it is an
The aerospace and defence company's chief executive, Giuseppe Orsi, meanwhile denied handing any sensitive documents about the alleged bribery case to Gotti Tedeschi, saying that the notion itself was "ridiculous". Orsi also said in a statement the "
The home of the recently ousted president of the Vatican bank was searched Tuesday as part of a corruption investigation into Italy's state-controlled aerospace and engineering giant Finmeccanica, prosecutors said. Prosecutor