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Thursday, October 21, 2010

DECLARATION ON PRECAUTIONARY FREEZE OF IOR DEPOSIT

VATICAN CITY, 21 OCT 2010 (VIS) - News of the confirmation of a decision by an Italian court to impose a precautionary freeze on a deposit held by the IOR (Institute for Works of Religion) at the Credito Artigiano Bank "was received with amazement", Holy See Press Office Director Fr. Federico Lombardi S.J. said yesterday.

  "We believe this is an interpretative and formal problem", he explained. "The directors of the IOR are certain they will very soon be able clarify the question with the competent authorities".
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