Leaked letters reveal plot to oust Vatican banker: report

Updated 09 June 2012
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Leaked letters reveal plot to oust Vatican banker: report

ROME: Vatican bank board members plotted to oust their director, letters leaked to an Italian newspaper on Saturday showed, as prosecutors investigated possible money-laundering operations at the bank.
The board dismissed Ettore Gotti Tedeschi on May 24, a day before Vatican police arrested Pope Benedict XVI’s butler for allegedly leaking sensitive papal documents to the press in an apparently unrelated case.
Ahead of the board meeting, according to letters in the daily Il Fatto Quotidiano that could not be independently verified, the bank’s vice president Ronaldo Schmitz threatened to resign if Gotti Tedeschi was not dismissed.
Gotti Tedeschi “does not have the necessary qualities to guide the Institute,” Schmitz wrote in the letter, referring to the bank’s official name, the Institute for Religious Works, or IOR under its Italian acronym.
“He has aggravated the situation with his inertia and his lack of loyalty toward staff and lack of transparency to the board,” Schmitz said, addressing himself to the Vatican’s powerful Secretary of State Tarcisio Bertone.
“I am confident that Your Eminence will immediately end president Gotti’s mandate. I do not want to continue to serve with Gotti Tedeschi. I will present my resignation by the end of May 2012 if he is not dismissed,” Schmitz wrote.
His comments were backed up by Carl Anderson, another board member, who said: “I have reached the conclusion, after much prayer and reflection, that Gotti Tedeschi is no longer able to guide the Institute in difficult times.
“His occasional communications with me are focussed not on the life of the Institute but on internal political manoeuvring and on denigrating others,” he wrote, adding that Gotti Tedeschi had shown “increasingly eccentric behavior.”
A letter from a psychiatrist, Pietro Lasalvia, also appeared to show he had been invited to a Christmas dinner in 2011 attended by Gotti Tedeschi and asked to assess the IOR director surreptitiously.
“There were traits of egocentrism, narcissism and a partial disconnect from reality that could be a psychopathological dysfunction,” Lasalvia wrote.
Meanwhile the Corriere della Sera daily said Italian prosecutors were probing a series of documents seized during raids on Gotti Tedeschi’s home and office this week as part of an investigation into money-laundering at the bank.
The report said investigators were focussing on accounts at the Vatican bank held by “politicians, shady intermediaries, contractors and senior (Italian) officials” as well as “people believed to be fronts for mafia bosses.”
Investigators have reportedly found “property investments and Church property sales that could disguise money transfers to fronts and the need to ‘launder’ through firms and banks not subject to direct controls like the IOR.”
The Vatican on Friday defended itself against the growing scandal around the IOR, saying Gotti Tedeschi’s ouster was due to “objective reasons” and stating its commitment to “transparency” at the bank.
In its statement, the Vatican also emphasised that Italian prosecutors should respect the Holy See’s “sovereign prerogatives” under international law.
Gotti Tedeschi and his former deputy, Paolo Cipriani, are already under investigation in Italy for allegedly laundering 23 million euros ($29 million).
Vatican watchers say Gotti Tedeschi was ousted due to a long-running dispute with Secretary of State Bertone and a reaction against his efforts to bring the Vatican bank in line with international regulations against money-laundering.

 


Bangladesh votes in its first election since the 2024 Gen Z uprising that ousted Hasina

Updated 5 sec ago
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Bangladesh votes in its first election since the 2024 Gen Z uprising that ousted Hasina

DHAKA, Bangladesh: Bangladesh on Thursday held its first election since 2024 mass protests toppled Sheikh Hasina’s government with balloting being largely peaceful in a vote seen as a test of the country’s democracy after years of political turmoil.
A projection showed that an alliance led by the Bangladesh Nationalist Party, or BNP, took the lead with 127 seats, while its main challenger, an 11-party alliance led by the Jamaat-e-Islami party, garnered 32 seats and three seats by others, according to Dhaka-based Jamuna TV.
Official results were expected on Friday. Bangladesh is a parliamentary democracy in which 300 lawmakers are elected through direct voting.
After a slow start, crowds converged on polling stations in the capital, Dhaka, and elsewhere later in the day. By 2 p.m., more than 47 percent voters had cast their ballots, the Election Commission said.
At one Dhaka polling station, poll officials manually counted the paper ballots and checked each for validity before tabulating the results. Political party representatives were present as election observers, and security officials kept a close watch on Thursday evening.
More than 127 million people were eligible to vote in the country’s first election since Hasina’s ouster after weeks of mass protests, dubbed by many as a Generation Z uprising. Hasina fled the country and is living in India in exile, while her party was barred from the polls.
As the voting closed, Hasina’s Awami League party, which was barred from the election, rejected Thursday’s election.
“Today’s so-called election by Yunus, who seized power illegally and unconstitutionally, was essentially a well-planned farce,” the former governing party said in a statement on X. “The people’s voting rights, democratic values, and the spirit of the constitution were completely disregarded in this deceptive, voter-less election conducted without the Awami League,” it said.
‘Birthday of a new Bangladesh’
The BNP’s Tarique Rahman is a leading contender to form the next government. He’s the son of former Prime Minister Khaleda Zia and returned to Bangladesh in December, after 17 years in self-exile in London. Rahman has pledged to rebuild democratic institutions, restore the rule of law and revive the struggling economy.
Television stations reported late Thursday that Rahman won in two constituencies, one in Dhaka and another in his northern ancestral home.
Challenging the BNP is an 11-party alliance led by Jamaat-e-Islami, the country’s largest Islamist party, which was banned under Hasina but has gained prominence since her removal.
The conservative religious group’s growing influence has fueled concern, particularly among women and minority communities, that social freedoms could come under pressure, if they come to power. Bangladesh is more than 90 percent Muslim, while around 8 percent are Hindu.
Jamaat-e-Islami leader Shafiqur Rahman expressed optimism after casting his vote at a polling station.
The election “is a turning point,” he told The Associated Press. “People demand change. They desire change. We also desire the change.”
Bangladesh’s interim leader, Muhammad Yunus, was upbeat about the election.
“This is a day of great joy. Today is the birthday of a new Bangladesh,” Yunus told reporters.
Election follows turbulent period
Yunus, a Nobel Peace Prize laureate, has said the interim government was committed to delivering a credible and transparent election. As part of that effort, around 500 international observers and foreign journalists were present, including delegations from the European Union and the Commonwealth, to which Bangladesh belongs.
Bangladesh’s Parliament has 350 seats, including 300 elected directly from single-member constituencies and 50 reserved for women. Lawmakers are chosen by plurality and the parliament serves a five-year term. The Election Commission recently postponed voting in one constituency after a candidate died.
The election follows a turbulent period marked by mob violence, attacks on Hindu minorities and the media, the growing influence of Islamists and weakening of the rule of law.
It could reshape the domestic stability of Bangladesh, a country whose post-1971 history since gaining independence from Pakistan has been marked by entrenched political parties, military coups and allegations of vote rigging. Young voters, many of whom played a central role in the 2024 uprising, are expected to be influential. Around 5 million first-time voters are eligible.
“I think it is a very crucial election, because this is the first time we can show our opinion with freedom,” said Ikram ul Haque, 28, adding that past elections were far from fair.
“We are celebrating the election. It is like a festival here,” he said.
Referendum for reforms
Thursday’s election is a critical test not just of leadership, but of trust in Bangladesh’s democratic future. Voters can say “Yes” to endorse major reform proposals that stemmed from a national charter signed by major political parties last year.
Yunus was also enthusiastic about the referendum.
“Voting for a candidate is important, but the referendum is very important. The whole of Bangladesh will change,” he said.
If a majority of voters favor the referendum, the newly elected parliament could form a constitutional reform council to make the changes with 180 working days from its first session. The proposals include the creation of new constitutional bodies and changing parliament from a single body to a bicameral legislature with an upper house empowered to amend the constitution by a majority vote.
The BNP and Jamaat-e-Islami both signed the document with some changes after initially expressing some dissent.
Hasina’s Awami League party — still a major party in Bangladesh though banned from the polls — and some of its former allies were excluded from the discussion. From exile, Hasina denounced the election for excluding her party.
Some critics have also said that the referendum has limited the options put before voters.