ROME
Boston Herald
By:
Associated Press
ROME — Italian news reports say prosecutors have wrapped up their money-laundering investigation into the Vatican bank and are focusing on the institute’s two recently resigned managers.
Paolo Cipriani and Massimo Tulli stepped down late Monday from the Institute for Religious Works.
Cipriani was placed under investigation in 2010 for alleged violations of Italy’s anti-money laundering laws along with the bank’s then-president, Ettore Gotti Tedeschi, stemming from a routine transaction involving an IOR account at an Italian bank. Italian financial police also seized the 23 million euros ($30 million).
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