Ousted Vatican banker kept dossiers to defend his performance

CWN - June 07, 2012

In searching the home and offices of Ettore Gotti Tedeschi, Italian police reportedly found dossiers of sensitive material on his tenure as president of the Vatican bank.

Prosecutors in Naples searched Tedeschi’s files in connection with a corruption investigation. The search was not related to his dismissal from his post with the Vatican’s Institute for Religious Works (IOR), officials say.

The dossiers uncovered during the search might have been used by Tedeschi to defend his performance at the IOR. He was dismissed on May 24 after the board of the Vatican bank voted unanimously to pass a resolution of no-confidence in his leadership.

Prosecutors in Rome are continuing an investigation, begun months ago, into the possibility of money-laundering in the IOR during Tedeschi’s tenure.

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