1. ITV Report

Cleric among arrests in Vatican bank investigation

Vatican cleric arrested in Vatican bank investigation. Photo: John Walton/EMPICS Sport

A Vatican cleric, a member of Italy's secret services and a financial broker have been arrested as part of an Italian investigation into the Vatican bank

Monsignor Nunzio Scarano, worked as an accountant in the Vatican's financial administration and was arrested in a parish in Rome's outskirts, his lawyer Silverio Sica said.

Scarano was suspended from his duties several weeks ago when he was placed under investigation by magistrates in the southern city of Salerno, his home town.

In that investigation, Scarano was accused of taking €600,000 in cash out of an account in the Vatican bank a little at a time, usually €10,000, and giving it to friends who gave him cheques. It is alleged he then deposited the cheques into an Italian bank account to pay off a mortgage.