Vatican bank managers resign amid broadening financial scandal
The director and deputy director of the Vatican bank resigned yesterday as a series of investigations lead to a renewal of the Church’s financial structures.
The director and deputy director of the Vatican bank resigned yesterday as a series of investigations lead to a renewal of the Church’s financial structures.
Paolo Cipriani and his deputy Massimo Tulli stepped down “in the best interest of the institute and the Holy See,” the Vatican said in a statement late yesterday. Ernst von Freyberg, the bank’s president appointed last February, will take over as interim director general and a new position...
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