Archbishop of Naples faces loan shark charges

INVESTIGATING MAGISTRATES in Italy have requested that the Archbishop of Naples be tried for complicity in loan sharking and misappropriation of diocesan funds in a case that has provoked a diplomatic stand-off between the Vatican and the Italian authorities.

After an inquiry lasting two and a half years, public prosecutors in the southern town of Lagonegro want Cardinal Michele Giordano, his brother, Mario Lucio Giordano, and 30 others to go on trial for their part in a usury racket in the Giordanos' home town of Sant'Arcangelo. The prelate of Naples responded that he was serene in the knowledge he was "pure inside". "I know that, and someone up there knows it too," he told journalists.

The inquiry began in 1997 after two businessmen in Sant'Arcangelo told police they had been ruined by a "credit co-operative" that applied interest rates that in some cases exceeded 200 per cent per annum. The co-operative was run by Mario Lucio Giordano and a local banker, Filippo Lemma.

A paper trail led the Guardia di Finanza, the financial police, to the diocesan palace inNaples. Among the documents seized from the co- operative were blank cheques signed by Cardinal Giordano made out to his brother, and drawn on diocesan bank accounts. More than 1.4bn lira (pounds 500,000) was channelled from Naples in three years, to help to keep the credit co-operative solvent.

Last year, the Vatican protested after magistrates ordered searches and phone taps of the diocesan offices. It argued that the diplomatic and territorial immunity set out in the concordato, the accord between Italy and the tiny church state, had been breached and that Cardinal Giordano's superiors should have been informed in advance of the searches. Italy's ambassador to the Vatican was summoned for discussions but the Italian government later said there had been no breach of the pact.

PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebooksAn unforgettable anthology of contemporary reportage
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Sales Consultant – Permanent – West Sussex – £24-£25k plus commission and other benefits

£24000 - £25000 Per Annum plus company car and commission: Clearwater People S...

SEN Teaching Assistant

£45 - £65 per day: Randstad Education Bristol: Supply SEN Support Jobs in Bris...

SEN Teaching Assistant

£45 - £60 per day: Randstad Education Bristol: Supply SEN Support Jobs in Glou...

Humanities and Economics Teacher - January 2015 - Malaysia

£18000 - £20400 per annum + Accommodation, Flights, Medical Cover: Randstad Ed...

Day In a Page

Isis in Syria: A general reveals the lack of communication with the US - and his country's awkward relationship with their allies-by-default

A Syrian general speaks

A senior officer of Bashar al-Assad’s regime talks to Robert Fisk about his army’s brutal struggle with Isis, in a dirty war whose challenges include widespread atrocities
‘A bit of a shock...’ Cambridge economist with Glasgow roots becomes Zambia’s acting President

‘A bit of a shock...’ Economist with Glasgow roots becomes Zambia’s acting President

Guy Scott's predecessor, Michael Sata, died in a London hospital this week after a lengthy illness
Fall of the Berlin Wall: History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War

Fall of the Berlin Wall

History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War
How to turn your mobile phone into easy money

Turn your mobile phone into easy money

There are 90 million unused mobiles in the UK, which would be worth £7bn if we cashed them in, says David Crookes
Independent writers remember their Saturday jobs:

Independent writers remember their Saturday jobs

"I have never regarded anything I have done in "the media" as a proper job"
Lyricist Richard Thomas shares his 11-step recipe for creating a hit West End musical

11-step recipe for creating a West End hit

Richard Thomas, the lyricist behind the Jerry Springer and Anna Nicole Smith operas, explains how Bob Dylan, 'Breaking Bad' and even Noam Chomsky inspired his songbook for the new musical 'Made in Dagenham'
Tonke Dragt's The Letter for the King has finally been translated into English ... 50 years on

Buried treasure: The Letter for the King

The coming-of-age tale about a boy and his mission to save a mythical kingdom has sold a million copies since it was written by an eccentric Dutchwoman in 1962. Yet until last year, no one had read it in English
Can instilling a sense of entrepreneurship in pupils have a positive effect on their learning?

The school that means business

Richard Garner heads to Lancashire, where developing the 'dragons' of the future is also helping one community academy to achieve its educational goals
10 best tablets

The world in your pocket: 10 best tablets

They’re thin, they’re light, you can use them for work on the move or keeping entertained
Lutz Pfannenstiel: The goalkeeper who gave up Bayern Munich for the Crazy Gang, Bradford and a whirlwind trawl across continents

Lutz Pfannenstiel interview

The goalkeeper who gave up Bayern Munich for the Crazy Gang, Bradford and a whirlwind trawl across continents
Pete Jenson: Popular Jürgen Klopp can reignite Borussia Dortmund’s season with visit to Bayern Munich

Pete Jenson's a Different League

Popular Klopp can reignite Dortmund’s season with visit to Bayern
John Cantlie video proves that Isis expects victory in Kobani

Cantlie video proves that Isis expects victory in Kobani

The use of the British hostage demonstrates once again the militants' skill and originality in conducting a propaganda war, says Patrick Cockburn
The killer instinct: The man who helps students spot potential murderers

The killer instinct

Phil Chalmers travels the US warning students how to spot possible future murderers, but can his contentious methods really stop the bloodshed?
Clothing the gap: A new exhibition celebrates women who stood apart from the fashion herd

Clothing the gap

A new exhibition celebrates women who stood apart from the fashion herd
Fall of the Berlin Wall: Goodbye to all that - the lost world beyond the Iron Curtain

The Fall of the Berlin Wall

Goodbye to all that - the lost world beyond the Iron Curtain