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Published 3 years ago

Former head of Vatican bank guilty of embezzlement, money laundering: court

Summary by Reuters
VATICAN CITY - A Vatican court on Thursday convicted Angelo Caloia, a former head of the Vatican bank, on charges of embezzlement and money laundering and handed down an eight-year, 11-month jail sentence. Caloia, who was president of the bank between 1999 and 2009, is the highest ranking Vatican official to be convicted of a financial crime. (Reporting by Philip Pullella; Editing by

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