Just days after the Vatican bank attempted to project a new image of transparency with a first-ever audited financial statement, another Vatican financial department faced fresh charges of corruption and shady practices. Italian newspapers today contained extracts from testimony given to Italian investigators by Msgr. Nunzio Scarano, a former accountant at the Administration of the Patrimony of the Holy See (APSA), who was arrested in June for alleged involvement in a plot to smuggle $26 million in cash into Italy from Switzerland at the behest of a family of shipping magnates.” By John L. Allen, Jr., National Catholic Reporter

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