Tuesday, September 21, 2010

Italian police seize $30M from Vatican in probe (AP)

 

Italian financial Police officers talk to each other in front of St. Peter's square at the Vatican, Tuesday, Sept. 21, 2010. Just when the Catholic Church didn't need another scandal, Italian authorities have seized euro23 million ($30.18 million) from a Vatican bank account and begun investigating top officials of the Vatican bank in connection with a money laundering probe. The Vatican said Tuesday it was 'perplexed and surprised' by the investigation. Italian financial police seized the money as a precaution Tuesday and prosecutors placed the Vatican bank's director general and its chairman, a man who speaks frequently about morality in financing, under investigation for alleged mistakes linked to violations of Italy's anti-laundering laws, news reports said. In Tuesday's case, police seized the money from a Vatican bank account being held at the Rome branch of Credito Artigiano Spa according to news agencies ANSA and Apcom. (AP Photo/Angelo Carconi)AP - 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 police seize $30M from Vatican in probe (AP)
Tue, 21 Sep 2010 22:21:43 GMT

Posted by at 8:52 PM

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