Vatican official investigated for embezzlement: reports

ITALY
Yahoo! News

Rome (AFP) – Archbishop Vincenzo Paglia, a Vatican official, is under investigation by Italian prosecutors on suspicion of embezzlement and price fixing during the sale of an historic castle, according to media reports Wednesday.

The sale of the San Girolamo castle in central Italy has already led to the arrest of two employees of the diocese of Terni where Paglia, who is president of the Holy See’s council for family matters, was bishop.

Now prosecutors are probing Paglia on allegations of criminal conspiracy and fraud in relation to the sale of the castle four years ago to real estate company IMI immobiliare, which was headed by one of the arrested diocese employees.

Diocese funds were allegedly used illegally and money was found to be missing from diocese funds.

According to Italian newspaper Corriere della Sera, which cited the prosecutor for the city of Terni in central Italy, Paglia is alleged to be one of the instigators of the fraud.

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