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Archive for the ‘Vatican’ Category

Berlusconi counts his blessings

February 18, 2011 Leave a comment
By Guy Dinmore in Rome, published: February 18 2011
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Vatican clarifies stance on condoms

November 23, 2010 Leave a comment
By Guy Dinmore in Rome, Published: November 23 2010 

The Vatican has clarified Pope Benedict’s new stance on the use of condoms to help prevent the transmission of the Aids virus, explaining the pontiff believed that all those infected with the disease were morally justified in taking precautions to protect their partners.

Aids campaigners greeted what they saw as a significant shift in the Pope’s personal views that could lead to a landmark change in Roman Catholic policy. Read more…

Pope’s stance on condoms welcomed

November 22, 2010 Leave a comment
by Guy Dinmore in Rome and Andrew Jack in London, published: November 20 2010

Aids activists welcomed the pope’s apparent softening of the Vatican’s opposition to the use of condoms but sex workers said his concession, directed at infected prostitutes, demonstrated both his prejudice and stark removal from reality.

In a book-long interview entitled Light of the World to be published on Tuesday, the 83-year-old German pontiff suggests that using condoms could be justified in some cases on moral grounds to prevent infecting others with the virus causing Aids, citing the example of a “male prostitute”. Read more…

Sicily probe adds to Vatican bank pressure

November 3, 2010 Leave a comment

By Guy Dinmore in Rome, Published: November 3 2010

An investigation in Sicily into suspected fraud and money laundering involving a Roman Catholic priest and possibly the mafia has highlighted mounting pressure on the Vatican to bring its sometimes secretive banking operations in line with international standards.

Police made six arrests last week in connection with Father Orazio Bonaccorsi allegedly using an account in the name of the Vatican bank to help his father launder €250,000 ($350,000) he had obtained from European Union funding for an allegedly non-existent fish farm project. Read more…

FT podcast – the Vatican bank’s frozen assets

October 20, 2010 Leave a comment

UK defence cuts, Middle East peace process and the Vatican bank’s frozen assets

Oct 20, 2010 – 11:00 pm

In this week’s show, we hear from diplomatic editor James Blitz on the UK defence cuts, Tobias Buck in Jerusalem on the latest in the Middle East peace process, Christian Oliver on the currency wars and get the latest on the Vatican bank’s Italian court case from Guy Dinmore, hosted by David Blair.

Court rejects Vatican bid to unfreeze funds

October 20, 2010 Leave a comment

by Guy Dinmore in Rome, published: October 20 2010

An Italian court has rejected a bid by the Vatican bank to free €23m of its funds frozen by the Italian judiciary as part of an investigation into a suspected breach of money laundering regulations.

Vincenzo Scordamaglia, a lawyer representing the Institute of Religious Works (IOR), as the Vatican bank is formally known, said he had learnt from media reports on Tuesday that the court, the Tribunale del Riesame, had rejected the case he had filed this month. He said he would lodge an appeal once he had received formal notification. Read more…

Vatican bank goes to court over frozen funds

October 7, 2010 Leave a comment

by Guy Dinmore in Rome, published: October 7 2010

The Vatican has taken what is believed to be the unprecedented step of resorting to an Italian court in an effort to free €23m ($32m) belonging to its bank that was frozen by the Italian authorities during an investigation into a suspected breach of anti-money laundering regulations.

Vincenzo Scordamaglia, a lawyer representing the Institute of Religious Works (IOR), as the Vatican bank is formally known, said he had filed a case with a Rome tribunal on Thursday to challenge the seizure of the bank’s funds. A first hearing is scheduled for Friday. Read more…