The Vatican Sentences a Former Bank Manager to Prison fsspx.news

“I say with some pride that the IOR is currently more transparent than any other financial institution.” These remarks by Angelo Caloia dating back to 2004, which Avvenire journalist Giancarlo Galli mentioned in his book White Finance, are enough to make one smile: the one who ran the Vatican’s “bank,” was at the same time laundering dirty money, and embezzling funds for his own account.

The case began to grow in 2009, when Vaticanist Gianluigi Nuzzi, a connoisseur of the oltretevere scandal, published Vatican SpA, a book in which various opaque IOR operations were revealed with supporting evidence: the same year, Angelo Caloia was dismissed by Pope Benedict XVI, who appointed Ettore Gotti Tedeschi in his place, who in turn was replaced in 2013 by Ernst von Freyberg, a compatriot and trusted man of the German pontiff…

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