Vatican official arrested in corruption plot

VATICAN CITY
Boston.com

By NICOLE WINFIELD / Associated Press / June 28, 2013

VATICAN CITY (AP) — A Vatican official was arrested Friday by Italian police for allegedly trying to bring 20 million euros ($26 million) in cash into the country from Switzerland aboard an Italian government plane, his lawyer said.

Monsignor Nunzio Scarano, already under investigation in a purported money-laundering plot involving the Vatican bank, is accused of fraud, corruption and slander stemming from the plot, which never got off the ground, attorney Silverio Sica told The Associated Press.

It was the latest financial scandal to hit the Vatican and came just two days after Pope Francis created a commission of inquiry into the Vatican bank to get to the bottom of the problems that have plagued it for decades and contributed to damaging the Vatican’s reputation.

Sica said Scarano was a middleman in the Swiss operation. Friends had asked him to intervene with a broker, Giovanni Carenzio, to return 20 million euros they had given him to invest. Sica said Scarano persuaded Carenzio to return the money, and an Italian secret service agent, Giovanni Maria Zito, went to Switzerland to bring the cash back aboard an Italian government aircraft. Such a move would presumably prevent any reporting of the money coming into Italy.

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