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• Document Type: SPECIALCOLLECTION
• Collection: FOIA Collection
• Document Number (FOIA) /ESDN (CREST): 01422602
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 4
• Document Creation Date: March 16, 2022
• Document Release Date: December 16, 2016
• Case Number: F-2015-01634
• Publication Date: March 13, 2007

Approved for Release: 2016/12/09 C01422602
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Approved for Release: 2016/12/09 C01422602
Approved for Release: 2016/12/09 C01422602
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Approved for Release: 2016/12/09 C01422602
BBC NEWS I Europe I Scandal-'APProved for Release: 2016/12/09 C01422602
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The News in 2 minutes
Last Updated. Tuesday, 21 February 2006, 20:43 GMT
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Scandal-hit Vatican banker dies
Archbishop Paul Marcinkus,
who was involved in one of
the biggest financial
scandals to hit the Vatican,
has died, church officials
say.
The 84-year-old American had
been living in Sun City,
Arizona.
Marcinkus was head of the
Vatican Bank at the time of the
fraudulent collapse of Banco
Ambrosiano in 1982, with
which it had close ties.
Marcinkus had been one of the most
powerful men in the Church
He denied any wrongdoing. Although he was sought for
questioning, he was granted immunity as a Vatican
employee.
Massive losses
Archbishop Marcinkus was found dead at his home on
Monday evening, a spokeswoman for the Roman Catholic
Diocese of Phoenix, in Arizona, said. The cause is unclear.
He retired in 1990, but had remained active in the local
ministry.
Born in 1922 in a suburb of
Chicago, he was ordained as a
priest in 1947 and then as an
archbishop in 1969.
An imposing 1.9m (6ft 4in)
tall, he acted as a bodyguard
to Pope John Paul H during
his early foreign travels.
Archbishop Marcinkus was
appointed to the Institute for
Religious Works, known as the Vatican Bank, in 1971 and
Obituary: Paul Marcinkus
David Willey on Marcinkus
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Approved for Release: 2016/12/09 C01422602
3/15/2007
BBC NEWS I Europe I Scandal-eTproved for Release: 2016/12/09 CO1422602 Page 2 of 2
worked there until 1989.
The bank was the main shareholder in Banco Ambrosiano.
The head of Banco Ambrosiano, Roberto Calvi, was found
hanging under Blackfriars Bridge in London shortly after the
bank's collapse with debts of $1.3bn (�750m).
The missing money was traced to loans made to 10 dummy
companies in Latin America, and the speculation was that the
Mafia were involved.
Five people are currently on trial in Italy for Calvi's murder.
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http://news.bbc.co.uk/2/hi/europe/4737052.stm 3/15/2007
Approved for Release: 2016/12/09 C01422602