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Director and deputy of Vatican bank resign

The Local Italy
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Director and deputy of Vatican bank resign
The resignations come amid a sweeping probe into corruption at the Vatican bank. Photo: Gabriel Bouys/AFP

The director and deputy director of the Vatican bank have resigned amid a probe into fraud and corruption at the scandal-hit institution, the Vatican said on Monday.

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Paolo Cipriani and Massimo Tulli resigned "in the best interest of the institute and the Holy See", the Vatican said in a statement.

The resignations came three days after Nunzio Scarano, a senior cleric, was arrested on allegations of corruption.

Pope Francis has also set up a special commission to investigate financial wrongdoings at the bank.

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