VATICAN CITY
CNN Money
By Alanna Petroff @AlannaPetroff July 12, 2013
The Vatican has suffered another setback as it tries to shed a reputation for murky financial dealings.
Vatican officials said an investigation into suspicious transactions at the Vatican bank could be widened to include “additional individuals” after they froze the funds of a senior cleric arrested last month on suspicion of trying to smuggle cash.
Nunzio Scarano, a priest who worked as a financial analyst for the Vatican, was arrested along with a financial broker and a former secret service police officer. Rome’s prosecutor says the trio had tried to smuggle tens of millions of euros across Europe using a private plane in July 2012.
Scarano has denied any wrongdoing.
Investigators are looking at transactions from two accounts Scarano held at the Vatican bank, one a personal account and the other used for donations.
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