MONEY LAUNDERING THROUGH VATICAN BANK : PRIEST ARRESTED. In the context of commission of enquiry ordered by Pope Francis, on Wednesday,to the activities of the troubled Vatican Bank, such as money-laundering invstigation and questions about the secretive institution, as a part of the Italian Government level investigation, Monsignor Nunzio Scarano, senior accountant in the Vatican’s financial administration, was arrested in a parish, on the outskirts of Rome. He was taken to the custudy,for alleged involvement in an attempt to help friends bring Euro 20 million ($26 million ) into Italy from Switzerland by plane in league with the secret service agent , Giovanni Maria Zito and the financial intermediary. Mr. Zito purportedly received Euro4,00,000 for the service.He is also under investigation on suspected money – laundering. Vatican spokesman Fr. Federico Lombardi said in a statement Vatican authorities stood ready to cooperate with the Italian investigation,but had so far received no official request. ( T O I )
Posted on: Sun, 30 Jun 2013 10:21:00 +0000
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