Italian law enforcement officials seized €32 million from a Vatican bank account [CBC News report] in September and allege that the Vatican violated laws by not indicating where the money in some transactions was coming from. Italian prosecutors working on that case have expressed that recent actions by the Holy See to harmonize its legislation with EU law will not affect their position [AP report] on case related to the €32 million that have been seized. In addition to dealing with allegations of financial crime, the Vatican is still addressing allegations of sexual abuse within the Catholic church. Since 2007, in the US alone the Church has settled over 500 cases [JURIST news archive] of abuse for over $900 million.
Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.