VATICAN CITY -- A former president of the Vatican bank and his lawyer were found guilty of money laundering and embezzling millions of euros from property sales.

VATICAN CITY -- Australia's financial crime watchdog agency said it over-estimated by the equivalent of more than US$1.5 billion the amount of money transferred from the Vatican to Australia between 2014 and 2020.

VATICAN CITY -- The Institute for the Works of Religion, often referred to as the Vatican bank, made a profit of 38 million euros (about $42.9 million) in 2019, more than twice the profit reported in the previous year, according to its annual report.

VATICAN CITY -- Pope Francis appointed a seasoned Italian finance inspector to lead the Vatican's financial watchdog agency following the resignation of its president.

VATICAN CITY (CNA) -- The recent raid of Vatican offices is connected to an investigation into charges that Vatican money financed the development of luxury properties in London, and led to a windfall for the VaticanöÏÓãÊÓƵapp investment managers, according to an Oct. 14 report from Financial Times.

VATICAN CITY -- Pope Francis has appointed a retired anti-Mafia prosecutor to head the Vatican City State's judicial system.

VATICAN CITY -- The Vatican apparently has suspended five employees after raids on Vatican offices.

VATICAN CITY  (CNA) -- Vatican prosecutors seized documents and electronic devices in a raid executed Tuesday at the offices of the most senior curial department.

VATICAN CITY -- Pope Francis approved new statutes for the Institute for the Works of Religion, often referred to as the Vatican bank, that include structural changes and a mandatory external audit.