Tuesday, 2. July 2013

Vatican bank promises sweeping change as senior staff resign


Sweeping changes at the top of the Vatican's scandal-ridden bank were announced on Monday night following the arrest of a senior church official in the latest of a string of scandals to have hit the institution.

The bank's recently appointed president, Ernst von Freyberg, said its two top officials – the director and deputy director – had both resigned. He thanked them for their "personal dedication" but added: "It is clear today that we need new leadership."

guardian.co.uk

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