VATICAN CITY (Reuters) – A Vatican court on Thursday convicted Angelo Caloia, a former head of the Vatican bank, on charges of embezzlement and money laundering and handed down an eight-year, 11-month jail sentence.
Caloia, who was president of the bank between 1999 and 2009, is the highest ranking Vatican official to be convicted of a financial crime.
(Reporting by Philip Pullella; Editing by Crispian Balmer)
