Vatican: Bank probe due to misunderstanding,

by pankaj kumar | September 22, 2010 at 10:45 am
51 views | 2 Recommendations | 1 comment

VATICAN CITY — The Vatican says the seizure by police of €23 million ($30 million) from a Vatican bank account and the investigation of two top bank officials is due to a misunderstanding that should be clarified quickly.

In a front-page article Wednesday, the Vatican newspaper L'Osservatore Romano provided details about the investigation, saying it began when the Bank of Italy tipped off authorities to a possible violation of anti-money laundering norms by the Vatican bank.

Italian financial police seized the money as a precaution Tuesday and Rome prosecutors placed the bank's chairman, Ettore Gotti Tedeschi, and his director general, Paolo Cipriani, under investigation for alleged mistakes linked to violations of the norms

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Amy Judd
Amy Judd
flagged this story as Needs Improvement

at 10:53 on September 22nd, 2010

pankaj kumar, I think your story has potential but needs some improvement.

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YankeeJim

Interesting story for the obvious high visibility.

This story was created over 3 months ago, the comment thread is now closed.

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