VATICAN CITY
International Business Times
By Staff Reporter
May 24, 2012
Ettore Gotti Tedeschi, the president of the Institute for Works of Religion , commonly known as the Vatican Bank, has been forced to resign after the board of directors issued a no-confidence vote.
A source in the bank did not provide the reasons behind the dismissal, according to Reuters.
Father Federico Lombardi, a spokesman for the Vatican, said the Holy See, will release statement about the bank soon.
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