Italian prosecutors wrapping up investigation of former Vatican bank officials

November 05, 2015

Italian prosecutors have completed an investigation into alleged financial misconduct by two former officials of the Vatican bank, the ANSA news service reports.

Paolo Cipriani, who had been director of the Institute for Religious Works, and his deputy, Massimo Tulli, resigned in July 2013 "in the best interests of the Institute and the Holy See." At the time they were subjects of a probe by Italian banking regulators. 

With the completion of an investigation into their activities, Cipriani and Tulli could face indictment on new criminal charges. They have already been indicted on money-laundering charges. 

 

---

For all current news, visit our News home page.

---

 
Further information:

• Ex-Vatican Bank execs Cipriani, Tulli may face fresh charges (ANSA)
• Vatican bank directors who resigned on July 1 could face criminal charges (CWN, 7/15/13)