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Vatican Bank Execs Resign amid Growing Financial Scandal

HeadlineJul 02, 2013

Two top managers at the Vatican bank have resigned amid a growing financial scandal. The resignation of former bank director Paolo Cipriani and his deputy came just three days after a senior Vatican accountant was arrested. The accountant, Monsignor Nunzio Scarano, is accused of conspiring to smuggle $26 million into Italy from Switzerland.

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