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Latest stories: Angelo Caloia

The Institute for Religious Works, commonly known as the ‘Vatican bank.’ Credit: Joi via Flickr (CC BY 2.0). /

Ex-Vatican Bank President Given Nine-year Prison Sentence for Money-laundering

The former president of the institute commonly known as the “Vatican bank” has been given a sentence of eight years and 11 months in prison by the Vatican court.

The Institute for Religious Works, or 'Vatican bank'. (File Photo/CNA). /

Vatican Court Due to Hold Sentence Hearing for ex-Vatican Bank President

The Vatican court is due to hold a sentence hearing next week in a criminal trial against the former president of the Institute for Religious Works.