Click here to advertise on CatholicCulture.org

Holocaust survivors ask European Union to probe role of Vatican bank

Catholic World News - October 27, 2010

A group of Holocaust survivors from Yugoslavia and Ukraine have asked European Union authorities to investigate whether the Vatican bank played a role in transferring assets stolen from concentration-camp inmates by Nazi captors.

The Vatican has denied that the Institute for Religious Works (IOR) was involved in money-laundering for Nazis who had pirated assets from Jews and other Holocaust victims. A suit seeking to investigate the IOR was dismissed by a US court in 1999.

The plaintiffs are now bringing their case to European authorities, suggesting that the IOR is obligated to provide full disclosure under the terms of new European banking regulations, which the IOR has promised to implement.

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 ($34,135 to go):
$35,000.00 $865.00
98% 2%
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
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Another Month Closer to God July 31
Links to the past July 30
Fetal tissues and vaccinations; are you part of the problem? July 30
The mystery of conversion, always deeply rooted in Divine mercy July 30
Vatican delegations ought to avoid the rhetoric of the world. July 30

Top Catholic News

Most Important Stories of the Last 30 Days