Senior Vatican Cleric Arrested in Vatican Bank Scandal

vatican-bank-280A recently-suspended Vatican accountant, a priest, was arrested in Italy this week for allegedly bringing $26 million into his country illegally. He was already under investigation for charges of laundering money through his account at the Vatican Bank. His arrest came just days after Pope Francis appointed a committee to review the controversial bank, which in the past had been implicated in other laundering scandals and accused of having ties to the Mafia. The new five-person commission includes two cardinals, other high ranking clergy, and a Harvard law professor but no outside bankers, although the group can consult with them.