Cardinal Becciu at center of Vatican financial investigation

Cardinal Becciu at center of Vatican financial investigation

CNA—The recent raid of Vatican offices is connected to an investigation into charges that Vatican money financed the development of luxury properties in London, and led to a windfall for the Vatican’s investment managers, according to an Oct. 14 report from Financial Times. According to Financial Times, Vatican police and prosecutors are investigating the possibility…
Vatican prosecutors conduct raid on Secretariat of State offices

Vatican prosecutors conduct raid on Secretariat of State offices

Vatican prosecutors seized documents and electronic devices in a raid executed Tuesday at the offices of the most senior curial department. According to a statement from the Holy See press office Oct. 1, the raid was conducted at the offices of the general affairs section of the Secretariat of State. The action was authorized by…
Ex head of the Vatican bank faced threats and intimidation

Ex head of the Vatican bank faced threats and intimidation

Crux—In two recent interviews, the former president of the Institute for the Works of Religion (IOR), better known as the Vatican Bank, spoke about the relationship between members of the Roman Curia and a failed Italian bank, the manipulation of accounts at the IOR and how working in the Vatican led him almost to lose…
Vatican Bank: Follow the Money if you can

Vatican Bank: Follow the Money if you can

On January 4, 2013, a month before Pope Benedict resigned, the Italian Central Bank turned the lights off on the entire Vatican. The Vatican no longer had the ability to make any electronic financial transactions. Italian authorities asserted that the Vatican was not in compliance with international money-laundering rules. This was a clear message that…