Vatican Banker Running Scared: Gotti Tedeschi Could Turn Whistle-Blower

VATICAN CITY
The Daily Beast

Barbie Latza Nadeau

The recently ousted head of the Vatican bank may have evidence that the organization is involved in money laundering—and now he’s afraid for his life. By Barbie Latza Nadeau

Ettore Gotti Tedeschi feared for his life when he was ousted as head of the Vatican bank after a vote of no confidence May 24.

The 67-year-old Italian was brought in by the pope’s secretary of state, Cardinal Tarcisio Bertone, in 2009 with a mandate to turn the troubled bank around and help “facilitate transparency” with an eye toward quashing rumors that the bank was a den of iniquity. The Vatican had hoped that through Gotti Tedeschi’s guidance, the tiny city-state could finally earn a coveted spot on the global Financial Action Task Force “white list” of states whose financial practices can be trusted.

In reality, Gotti Tedeschi says he found the…