Click here to advertise on CatholicCulture.org

Cardinal Bertone under investigation for financial transfer?

Catholic World News - May 20, 2014

The German tabloid Bild has reported that Cardinal Tarcisio Bertone, the former Vatican Secretary of State, is under investigation in connection with reports of embezzlement.

The Vatican press office has issued a statement countering the Bild report. “There is currently no investigation of a criminal nature" involving Cardinal Bertone, the statement said.

Citing anonymous Vatican sources, Bild reports that Vatican investigators are looking into the transfer of €15 million ($20.5 million) from the Vatican bank to Lux Vide, an Italian television-production company with which Cardinal Bertone has ties. The transfer took place in December 2012, Bild says, despite objections from Vatican bank officials.

Cardinal Bertone has denied the Bild report. The cardinal told the ADNKronos agency that the transfer was approved by the board of cardinals who supervise the workings of the Vatican bank, and the minutes of that board’s meetings would confirm this.

René Brülhart, the director of the Vatican’s Financial Information Authority, declined to comment on the Bild story.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our August expenses ($15,080 to go):
$35,000.00 $19,919.98
43% 57%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Subscribe for free
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

An Appointment that Francis Should Withdraw 5 hours ago
A new approach to Vatican appointments? 7 hours ago
The rising, dangerous influence of 'transgender' ideology August 27
Does the EU flag evoke the patronage of the Virgin Mary? August 27
The diocese as corporate sponsor August 27

Top Catholic News

Most Important Stories of the Last 30 Days
‘A real via crucis’: Pope Francis, patriarch plead on behalf of Iraq’s Christians CWN - August 8
Hundreds of thousands of Iraqi Christians in flight as Islamic State advances CWN - August 8