Angelo Caloia Explained

Angelo Caloia
Birth Date:2 May 1939
Nationality:Italian
Occupation:Economist, banker
Years Active:1989–2009 (as President of the Vatican Bank)
Known For:President of the Vatican Bank (1989–2009)

Angelo Caloia (born 2 May 1939) is an Italian economist and banker, who was the President of the Vatican Bank for 20 years until September 2009.[1] [2] [3]

Career

Caloia had a long-standing career in the banking industry, notably leading the Vatican Bank for two decades from 1989 to 2009.

Legal issues

He was sentenced on Thursday, January 21, 2021, to eight years in prison for embezzling money following a real estate transaction.[4]

Notes and References

  1. News: Vatican Bank Has New Chairman. 23 September 2009. ABC News. 22 April 2010.
  2. News: Vatican Bank reported to be facing money-laundering investigation. McKenna. Joseph. 7 December 2009. Times of London. 22 April 2010.
  3. https://catholicherald.co.uk/news/2018/05/10/embezzlement-trial-of-former-vatican-bank-director-begins/ Wooden, Cindy. (2018, May 10). “Embezzlement trial of former Vatican bank director begins”. Catholic Herald.
  4. News: 2021-01-22. L'ancien président de la banque du Vatican condamné à 8 ans de prison. fr-FR. La Croix. 2021-01-23. 0242-6056.