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Jul 1, 2013
via FaithWorld

Code words and safe phones: anatomy of a Vatican money smuggling plot

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(Stacks of Euro banknotes in a bank in Bern August 15, 2011. REUTERS/Pascal Lauener )

To most people, a book is a book. But to Monsignor Nunizio Scarano, a Vatican official arrested on charges of money smuggling, a “book” was a code word for one million euros in cash, a report by the judge on the case said.

Jul 1, 2013

Top Vatican bank managers resign after Monsignor’s arrest

VATICAN CITY (Reuters) – Two top managers of the scandal-plagued Vatican bank resigned on Monday following the arrest of a high-ranking cleric with close ties to the financial institution, in the latest of a string of embarrassments for the Holy See.

Director Paolo Cipriani and deputy-director Massimo Tulli stepped down three days after the Vatican was rocked by the arrest of Monsignor Nunzio Scarano, who is accused of plotting with two other people to smuggle 20 million euros into Italy from Switzerland.

Jul 1, 2013

Code words and safe phones: anatomy of a money smuggling plot

ROME, July 1 (Reuters) – To most people, a book is a book.
But to Monsignor Nunizio Scarano, a Vatican official arrested on
charges of money smuggling, a “book” was a code word for one
million euros in cash, a report by the judge on the case said.

“Encyclopaedia,” and “bookmarks” were among other code words
that Scarano, who had close connections to the Vatican bank,
used in phone conversations with secret service agent Giovanni
Zito and broker Giovanni Carenzio, it said.

Jun 30, 2013

Arrested Vatican monsignor felt he could act with impunity-judge

VATICAN CITY, June 30 (Reuters) – A senior Catholic cleric
arrested in a plot to smuggle tens of millions of dollars into
Italy controlled vast amounts of money and felt he could act
with impunity because of his connections to the Vatican bank,
according to a judge’s investigative document.

In the latest blow to the Vatican’s image, Monsignor Nunzio
Scarano, 61, was arrested on Friday along with an Italian secret
service agent and a financial broker.

Jun 28, 2013

Senior Vatican cleric arrested in money smuggling case

ROME (Reuters) – A senior Catholic cleric with connections to the Vatican bank was arrested on Friday for plotting to help rich friends smuggle tens of millions of euros in cash into Italy from Switzerland, in the latest blow to the Vatican’s image.

Monsignor Nunzio Scarano, 61, who worked as a senior accountant in the Vatican’s financial administration, was arrested along with an Italian secret service agent and a financial intermediary in a tale that reads like a spy novel.

Jun 28, 2013

Senior Vatican cleric arrested in corruption investigation

ROME (Reuters) – A senior Vatican cleric suspected of trying to help rich friends bring millions of euros into Italy illegally was arrested on Friday as part of an investigation into the Vatican bank, police sources and his lawyer said.

Monsignor Nunzio Scarano, 61, worked as a senior accountant in the Vatican’s financial administration and is already involved in another investigation by magistrates in southern Italy.

Jun 26, 2013

In bold move, Pope names commission to review Vatican bank

VATICAN CITY (Reuters) – Pope Francis on Wednesday set up a special commission of inquiry into the Vatican bank, his boldest move yet to get to grips with an institution that has embarrassed the Church for decades.

The high-powered, five-member panel, which includes four prelates and a woman Harvard law professor, will report directly to him, bypassing the Vatican bureaucracy that itself has sometimes been tainted by allegations of scandal and corruption.

Jun 25, 2013
via FaithWorld

Jews tell pope of concern over moves to make Pius XII a saint

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(Pope Pius XII, the wartime pontiff, appears in an undated file photo from the archives of Vatican newspaper Osservatore Romano.  REUTERS/Osservatore Romano)

A Jewish leader expressed concern to Pope Francis on Monday over attempts to make a saint of World War Two-era Pope Pius XII, who has been accused of turning a blind eye to the Holocaust.

Jun 24, 2013
via FaithWorld

Vatican contests charges against WWII Italian official praised for saving Jews

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(A street named in honour of Giovanni Palatucci in Caggiano, Italy, 23 Oct 2006/Viaggiatore)

The Vatican newspaper said on Saturday a decision by scholars to brand a wartime Italian previously praised for saving Jews as a Nazi collaborator was part of an attempt to smear the Catholic Church during the papacy of Pope Pius XII.

Jun 24, 2013
via FaithWorld

Pope Francis ‘snub’ of concert stuns cardinals and sends them a signal

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(An empty papal throne is pictured as Archbishop Rino Fisichella (standing at right) reads a message from Pope Francis before a RAI National Symphony Orchestra concert in Paul VI hall at the Vatican June 22, 2013. REUTERS/Giampiero Sposito)

A last-minute no-show by Pope Francis at a concert where he was to have been the guest of honor has sent another clear signal that he is going to do things his way and does not like the Vatican high life.