Vatican spokesman confirms money laundering investigation

Categories: Latest News

November 4, 2015

Jesuit Father Federico Lombardi, papal spokesman, is pictured during an Oct. 26 press conference at the Vatican. Investigations into money laundering, insider trading and market manipulation through a Vatican office were launched after an initial report was filed by the Vatican Financial Intelligence Authority in February 2015, the Vatican spokesman said Nov. 4. (CNS photo/Paul Haring) See LOMBARDI-NATTINO-INVESTIGATION Nov. 4, 2015.

Jesuit Father Federico Lombardi, papal spokesman, is pictured during an Oct. 26 press conference at the Vatican. Investigations into money laundering, insider trading and market manipulation through a Vatican office were launched after an initial report was filed by the Vatican Financial Intelligence Authority in February 2015, the Vatican spokesman said Nov. 4. (CNS photo/Paul Haring)

VATICAN CITY (CNS) — Investigations into money laundering, insider trading and market manipulation through a Vatican office were launched after an initial report was filed by the Vatican Financial Intelligence Authority in February 2015, the Vatican spokesman said.

Jesuit Father Federico Lombardi, the spokesman, issued a statement Nov. 4 about the investigations involving the Administration of the Patrimony of the Apostolic See. The office, known by its Italian acronym APSA, handles the Vatican’s investment portfolio and its real estate holdings.

The Vatican spokesman’s statement comes on the heels of a report by the British news agency Reuters that Giampietro Nattino, chairman of a private Italian bank, had accounts at APSA and used them for personal trades on the Italian stock market.

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