Tuesday, 3. July 2012

Catholic Church Fears Growing Vatican Bank Scandal


A new scandal threatens to engulf the Catholic Church and this time the focus is money. Senior Vatican officials are battling over the future of the Vatican bank. While some would like total transparency, dubious transactions from the past and present could harm the Church's image.

The Vatican scandal over shady bank accounts and millions in suspect transfers began shortly before sunrise on June 5 on Via Giuseppe Verdi, a picturesque street in the old part of Piacenza, a town in northeastern Italy. An elderly gentleman in a tailor-made suit had just left his house with a leather briefcase dangling from his right hand. He was on his way to his car.

spiegel.de

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