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London to Malta via Rome: Following the Money in Vatican Financial Scandals

The Vatican raid conducted on the chief prosecutor of the Church’s Apostolic Signatura sheds light on a network of companies and businessmen at the center of interrelated Vatican financial scandals.

On Feb. 18, Vatican officials raided the home and office of Msgr. Alberto Perlasca, the chief prosecutor at the Church’s highest ecclesiastical court and a former senior official at the Secretariat of State. Vatican police seized documents and computers for an ongoing investigation into financial misconduct at the Secretariat, the curia’s most influential department.

The raid on Perlasca’s home is the most recent in a steady flow of stories about questionable Vatican finances, involving a London property development, shell companies, tax havens, opaque investment funds, and shuttered banks in Italy and Switzerland.

Each new scandal appears uniquely complicated, but, a recurring pattern of institutions and individuals suggests that a series of apparently independent financial scandals might, in fact, be linked to each other.

Read more at Catholic News Agency