VATICAN CITY
Vatican Insider
New reply from the Vatican Press Office to the TV show ‘Gli Intoccabili’ (The Untouchables). According to the Holy See the show shows only partial reconstructions of events
Vatican Insider Staff
Rome
It’s one denial after another. Only a few hours after the note written by the Vatican to disclaim some information published in the last few days, in particular an article by the Italian daily newspaper L’Unità entitled “Money laundering. Four priests under investigation. The Vatican keeps quiet.” Father Lombardi talked once more about the IOR (the ‘Pope’s bank’) which was the main topic of the talk show “Gli Intoccabili” (The Untouchables) aired yesterday 8 February on the La7 television channel. The spokesman of the Vatican defined the show as ‘partial’ and said that in his opinion the show does not give an ‘objective picture of the realities it describes.’
“The IOR,” stated the Vatican Press office, “is not a bank. It is a foundation founded on civil and canonical law with its own regulations. It does not have reserve funds and does not lend money like a bank”. “It’s also not an off-shore bank –“ continued the statement released by the Vatican. In truth the television show used that expression not to illustrate the true character and function of the IOR, but to give a sense of unlawfulness. The IOR is under the jurisdiction of a sovereign state, the Vatican, and it operates within laws and regulations that include the new Vatican law against money laundering.” This rule, Law CXXVII was introduced by the Vatican to comply with international standards.
Note: This is an Abuse Tracker excerpt. Click the title to view the full text of the original article. If the original article is no longer available, see our News Archive.