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News Link • Religion: Believers

Pope struggled to lift sacred secrecy of Vatican finances

• Washington Post
Inside a 13th-century monastery in a sleepy village north of Rome, the Rev. Salvatore Palumbo was allegedly serving more than one higher authority. Italian prosecutors say a Ferrari-driving lawyer who defrauded insurance companies used the priest as a frontman, with Palumbo stashing the illicit cash inside the secretive Institute for Works of Religion.

A.k.a. the Vatican Bank.


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