Vatican City, May 28, 2012 / 09:05 am
The Vatican Bank’s president was dismissed for failing to carry out “basic duties,” giving people inaccurate information about the institution and “progressively erratic personal behavior,” according to board member Carl Anderson.
“What happened is source of great disappointment,” he told the Italian newspaper La Stampa on May 27. Anderson, who leads the international fraternal organization the Knights of Columbus, said the board “had come to have great expectations for this new management.”
Ettore Gotti Tedeschi was removed as president of the Vatican Bank May 24, following a no confidence vote by the other four board members. The 67-year-old Italian served as the head of the bank, officially known as the Institute for Works of Religion, since 2009.
As committee secretary, it fell to Anderson to write an explanatory note to Gotti Tedeschi who, in the words of the memo, had “abandoned the premises of the Institute without notice and without waiting to receive notice as to the results of the no confidence vote.”