Similar to Libero Milone, Tedeschi appears to have likely been another victim of the Deep Church.
Ettore Gotti Tedeschi’s role in Vatican financial reform, and the circumstances of his removal from the IOR, have been repeatedly mischaracterised, the most recent examples being here and here.
They falsely portray Gotti Tedeschi as a possibly compromised Vatican banker who obstructed reform and was “fired and replaced” in May 2012 amid scandal, with some articles implying his fall was a kind of smoking gun behind Benedict XVI’s resignation.
These articles have arisen in the context of reports on a 2013 email in the Epstein files in which Jeffrey Epstein told Larry Summers, a former US Treasury Secretary, that the “real” change in the Vatican was not Benedict XVI’s resignation but the supposed firing of then-Vatican Bank president Gotti Tedeschi in 2012 and his replacement by Ernst von Freyberg.
What follows is a reconstruction of the key timeline and a clarification of what is false or incomplete in the usual narrative, incorporating what Gotti Tedeschi has relayed to me over the phone, past interviews, and documented external facts to clarify what actually happened.
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