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Monsignor arrested in Vatican Bank probe

Nunzio Scarano, senior bank official, suspected of illegal $26m transfer

Monsignor arrested in Vatican Bank probe

Picture: BBC News

Alan Johnston for BBC News
Vatican City

July 1, 2013

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A senior Italian cleric has been arrested in connection with an inquiry into a Vatican bank scandal over allegations of corruption and fraud.

Monsignor Nunzio Scarano works in the Vatican's financial administration. A secret service agent and a financial broker have also been arrested.

They are suspected of trying to move 20m euros ($26m; £17m) illegally.

Pope Francis ordered an unprecedented internal investigation into the bank's affairs in the wake of recent scandals.

Monsignor Scarano, 61, worked for years as a senior accountant for a Vatican department known as Apsa (the Administration of the Patrimony of the Apostolic See).

He was suspended from that position "about a month ago, after his superiors learnt about an investigation into his activities", Vatican spokesman Federico Lombardi said.

Monsignor Scarano has been under investigation by Italian police for a series of suspicious transactions involving the recycling through the Vatican bank of a series of cheques described as church donations.

Nunzio Scarano is a priest from Salerno in southern Italy, who is called "monsignor" in recognition of his seniority at the Vatican.

He was arrested along with two other men suspected of plotting to move 20m euros illegally from Switzerland to Italy. One, Giovanni Maria Zito, is described as an Italian secret service agent, and the other, Giovanni Carenzio, a financial broker.

Full Story: Monsignor Nunzio Scarano held in Vatican bank inquiry 

Source: BBC News

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