Wednesday, September 22, 2010
NICOLE WINFIELD, Associated Press, The Washington Post
NICOLE WINFIELD, Associated Press, The Washington Post
Italian police seize $30 Million from Vatican in money-laundering probe
VATICAN CITY -- Italian authorities seized euro23 million ($30 million) from a Vatican bank account Tuesday and said they have begun investigating top officials of the Vatican bank in connection with a money-laundering probe.
Italian financial police seized the money as a precaution and prosecutors placed the Vatican bank's chairman and director general under investigation for alleged mistakes linked to violations of Italy's anti-laundering laws, news reports said. The investigation is not the first trouble for the bank - formally known as the Institute for Works of Religion.
"The Holy see is perplexed and surprised by the initiatives of the Rome prosecutors" said the Vatican.
Of course they are. Who would believe the Catholic church is corrupt?
Read Full The Washington Post Article
Posted by Editor on 09/22/10 at 10:26 AM •
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