Leaked Vatican letters reveal plot to oust banker

VATICAN CITY
AFP

ROME — Vatican bank board members plotted to oust their director, letters leaked to an Italian newspaper on Saturday showed, as prosecutors investigated possible money-laundering operations at the bank.

The board dismissed Ettore Gotti Tedeschi on May 24, a day before Vatican police arrested Pope Benedict XVI’s butler for allegedly leaking sensitive papal documents to the press in an apparently unrelated case.

Ahead of the board meeting, according to letters in the daily Il Fatto Quotidiano that could not be independently verified, the bank’s vice president Ronaldo Schmitz threatened to resign if Gotti Tedeschi was not dismissed.

Gotti Tedeschi “does not have the necessary qualities to guide the Institute,” Schmitz wrote in the letter, referring to the bank’s official name, the Institute for Religious Works, or IOR under its Italian acronym.

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.