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Why was 'God's banker' killed?
Was financier laundering money for Mafia, Vatican? After 25 years, trial of five seeks the answers
2005 10 11

By Bill Taylor |

AP File Photo - The son of Roberto Calvi, above, is also a banker, in Montreal. Carlo Calvi believes it suited an elite for his dad’s secrets to die with him.
Even the Pope couldn't help "God's banker."

Roberto Calvi, an Italian financier with ties both to the Vatican — hence his nickname — and the Mafia, in 1982 begged John Paul II to step in and save his bank from collapse, The Times of London reports. But money was the least of Calvi's problems.

Two weeks later, on June 19, he was found hanging by an orange rope tied in a lover's knot from scaffolding under one of the nine arches of Blackfriars Bridge in central London. The 300-metre, 18th century stone structure spans the River Thames.

It was one of the showier crimes of the 20th century, originally ruled a suicide but revealed two years ago to be homicide, with all the ingredients of a good whodunit — organized crime, financial scandal, money laundering for the Mafia and the Vatican, and chicanery in the most confidential corridors of religious power and the equally secret affairs of freemasonry.

It also never has been explained how someone could suspend a corpse in such a prominent place without being noticed.

Almost a quarter of a century later, that little mystery might be solved as the trial began in Rome for the five accused killers of Calvi, 62. They are: Pippo "the Cashier" Calo, a Sicilian Mafia chieftain; businessmen Flavio Carboni and Ernesto Diotallevi; Manuela Kleinszig, Carboni's ex-girlfriend; and Silvano Vittor, Calvi's bodyguard.

After brief opening statements yesterday in a courtroom inside a top-security jail, the trial was adjourned to Nov. 23 at the request of a defence lawyer needing time to prepare.

The prosecution will argue the accused lured Calvi to London to kill him after he held onto millions of dollars he was laundering for the Mafia and also stole from financier Licio Gelli, head of the illegal Masonic lodge, P2. Calvi was a member along with top politicians, businessmen and military officers.

The banker had been appealing a four-year jail sentence for illegally exporting currency. The day before his body was found, he was fired in absentia as head of debt-ridden Banco Ambrosiano, at the time Italy's largest private banking group. Its collapse triggered one of Italy's biggest banking scandals.

The defence, sticking to the original finding of suicide, is expected to embarrass the Roman Catholic church by calling former Vatican officials to testify.

Among those anxious to see justice finally done are Calvi's widow Carla and son Carlo, a Montreal banker. They believe he was the victim of a well-disguised Cosa Nostra hit to cover up the Vatican Bank's involvement with the Mafia.

Family members could not be reached yesterday but Carlo Calvi, 51, has told the British Broadcasting Corp. his father was "a dynamic businessman but not a good judge of people. I believe the killers were sending a message by killing him in public in the heart of the city. There was definitely something theatrical about it all, and the message was clearly worth the risk."

A new book on the case, Poteri Forti (Powerful Forces) by Ferruccio Pinotti, includes a letter to the Pope which Pinotti says the Calvi family gave him: "I have thought a lot, Holiness, and have concluded that you are my last hope," it says.

Calvi reportedly reminded John Paul that he had funded political and religious groups supported by the Vatican in both eastern and western Europe and had set up banks in Latin America to help combat the spread of communism. He warned the Pope that if Banco Ambrosiano went under it would "provoke a catastrophe of unimaginable proportions in which the Church will suffer the gravest damage."

His bank was owed huge sums of money by Panamanian companies involved with the Vatican Bank. The Vatican later paid out a quarter of a billion dollars to Ambrosiano creditors, denying legal responsibility but admitting "moral involvement."

Calvi also had warnings for the pontiff himself — that Vatican fiscal shenanigans were being kept from him and that Calvi's enemies within the church hierarchy were also conspiring against John Paul. Calvi claimed he had been dumped by the Vatican, "the authority for which I have always shown the utmost respect and obedience."

There were two British inquests into his death. The first said suicide; the second, a year later, returned an open verdict. But the findings of forensic scientists who exhumed his body led Italian judges to reopen the case. Scotland Yard detectives in London also got involved.

Calvi's pockets were stuffed with bricks, apparently to weigh down his body, and cash. He was carrying a forged passport. Forensic scientists said the absence of dirt on his hands and brick dust under his fingernails showed he had not touched the bricks or climbed the scaffolding. They concluded his throat injuries indicated strangulation, not hanging.

Under Italian law, defendants are not required to attend their trials. Carboni, one of the last people known to have seen Calvi alive, was the only one in court yesterday. Calo has been in jail since the 1980s for unrelated crimes. The prosecution alleges that he ordered Calvi's death. He watched the hearing by a TV hook-up from another prison.

Carboni said he was "indifferent" to how Calvi died, adding, "there is no proof of any kind ... if reasons to commit suicide exist, Calvi had them all."

Carlo Calvi, who moved to Montreal five years after his father's death, has said he has "no personal grudge against the killers. I am not someone who has that goal of having someone punished for the crime. I am someone who wants people to learn something from the judicial process."

He dismisses popular theories that Blackfriars Bridge and the way the body was hung were Masonic symbols. (P2 lodge members are said to wear black robes and call each other `friar.' Bricks are a mason's material. Initiates reportedly are told betraying its secrets brings death by hanging and tides to wash the corpse.) "But I do believe ... the way he was killed was symbolic."

Carlo Calvi has claimed parallels between the murder and the 1981 assassination attempt against the Pope of 1981. There was a power struggle within the Vatican, in which his father was caught up. "It wasn't obvious that the Pope was going to be in the winning position ..."

He told the Toronto Star in 1998: "My father had many enemies within the Vatican."

With files from Star wire services

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