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Vatican finances

Vatican bank claims $1m for reputational damage in financial trial

Lawyers for the Institute for Works of Religion asked judges Wednesday to fine defendants in the Vatican finance trial in addition to any criminal convictions

The Pillar
Sep 28, 2023
∙ Paid

Lawyers for the Institute for Works of Religion asked judges Wednesday to fine defendants in the Vatican finance trial nearly one million euros, for damages to the bank’s reputation.

Jean-Baptiste De Franssu, president of the IOR.

The IOR, Vatican City’s only commercial bank, is a civil party to the case, pressing a lawsuit alongside Vatican City criminal…

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