UNITED STATES
National Catholic Reporter
Dennis Coday | Dec. 6, 2014 NCR Today
The Institute for Works of Religion, known as the IOR or the Vatican Bank, is pressing charges against two former managers and a lawyer suspected of embezzlement, a press release from the IOR this morning announced.
The press release doesn’t name the chargees, but an exclusive story by veteran Reuters correspondent Philip Pullella does.
The Vatican’s top prosecutor is investigating former bank president Angelo Caloia, ex-director general Lelio Scaletti, and lawyer Gabriele Liuzzo, for embezzling money while managing the sale of 29 buildings sold by the Vatican bank to mainly Italian buyers between 2001 and 2008, according to a copy of the freezing order reviewed by Reuters.
Sixteen million euros in Vatican Bank accounts owned the three men have been frozen.
The IOR press release says that charges have been filed, but the Reuters’ story says “the men have not been charged.”
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