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  Vatican Bank Probe Extended to Suspect Clergymen Accounts, Corriere

By Lorenzo Totaro
The Bloomberg
October 21, 2010

http://www.bloomberg.com/news/2010-10-21/vatican-bank-probe-extended-to-suspect-clergymen-accounts-corriere-says.html

Italian prosecutors probing alleged money-laundering at the Vatican Bank suspect some clergymen may have posed as account holders at the lender for wealthy individuals, Corriere della Sera said, citing court documents.

A Rome judge yesterday upheld the seizure of 23 million euros ($32 million) in an Italian bank account registered to the Institute for Religious Works, as the Vatican bank is called, and three other operations are under scrutiny for alleged money- laundering violations, the newspaper said.

In one case a priest allegedly moved 300,000 euros from an account in San Marino and transferred it to a businessman, Corriere reported.

To contact the reporters on this story: Lorenzo Totaro in Rome at ltotaro@bloomberg.net

To contact the editors responsible for this story: John Fraher at jfraher@bloomberg.net

 
 

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