Three arrested in Vatican bank scandal

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Euronews - June 28, 2013

Three people have been arrested as part of an Italian investigation into the Vatican bank.

A member of Italy’s secret services, a financial broker and a cleric were all detained on Friday.

The cleric, Monsignor Nunzio Scarano, worked as an accountant in the Vatican’s financial administration. He was suspended from duties several weeks ago after being placed under investigation by magistrates.

Scarano is accused of taking 600,000 euros out of a Vatican Bank account. He is said to have taken out small amounts at a time and given them to friends who in turn wrote him cheques. The money was apparently used to pay off a mortgage.

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