Vatican City

Vatican bank director and deputy step down

Cipriani and Tulli say resignation is in Church's best interest

Vatican bank director and deputy step down

Vatican City, July 2 - Vatican bank head Paolo Cipriani and deputy director Massimo Tulli resigned on Tuesday following the arrest of a top Catholic prelate last Friday. Recently appointed president, Ernst von Freyberg, will fill in for Cipriani as Vatican Bank head, known as the Istituto per le Opere Religiose (Institute for Religious Works, IOR). "After many years of service, the two decided it would be in the best interest of the institute and of the Holy See," said a Vatican release. The resignations of Cipriani and Tulli follow the arrest of Msgr Nunzio Scarano, who was suspended a month ago from his job as head of analytic accounts at the Holy See's asset-management agency APSA when police started sifting through his assets because of his suspiciously large financial holdings and artistic trove. Scarano was arrested on suspicion of planning to elude customs controls along with Giovanni Maria Zito, a recently transferred agent in the AISI domestic intelligence agency, and financial broker Giovanni Carenzio. Cipriani was investigated in 2010 together with former IOR President Ettore Gotti Tedeschi on suspicion of failing to observe Italian money-laundering laws. IOR, to which APSA is indirectly linked, said it would launch an internal inquiry "in line with the zero-tolerance policy promoted by (new) president Ernst von Freyberg". German aristocrat and industrialist von Freyberg, appointed in February by Pope Benedict XVI in one of his last official acts as pontiff, last month vowed to bring greater transparency to IOR's dealings.

Lascia il tuo commento

Condividi le tue opinioni su Gazzetta del Sud online

Caratteri rimanenti: 400

Le altre notizie

i più letti di oggi