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The director of the Vatican bank Paolo Cipriani and his deputy Massimo Tulli have resigned following the latest developments in a broadening financial scandal.
Cipriani and Tulli handed in their resignations on Monday "in the best interest of the institute and the Holy See", the Vatican said in a statement.
Their resignations came three days after Monsignor Nunzio Scarano, a senior cleric with close connections to the bank, was arrested along with Giovanni Zito, a secret services agent, and Giovanni Carenzio, a financial broker, on suspicion of corruption and fraud.
They are accuse
Originally posted by lacrimaererum
This needs to be swept under the carpet as quickly as possible. Otherwise you could end an explosive enough story that could actually finish the catholic church and the vatican
Originally posted by MystiqueAgent
Is this all that life has been reduced to even on the level of religious institutions? Fraud, corruption, and deceit? /sigh I wonder about the state of things at this point. Given the way the church portrays itself you would think that they would be a bit above this. I guess it is as they say one does not simply showcase the mindset of the whole; rather just one bad apple from the bunch or in this case two.