ROME
ANSA
(ANSA) – Rome, February 23 – The former director-general of the Vatican Bank (IOR), Paolo Cipriani, and his former deputy Massimo Tulli were sentenced to four months and 10 days in jail Thursday for breaching anti-money-laundering norms in a number of suspect transactions. The former IOR chiefs were acquitted for alleged irregularities linked to a 23-million-euro bank transfer, a sum that was seized by investigators in 2010. Last month a Rome prosecutor asked for sentences of one year in jail for Cipriani and 10 months for Tulli a trial into suspected breaches of Italy’s anti-money-laundering norms linked to two suspicious operations that led to the 2010 seizure of the 23 million euros, which was later returned to the Holy See’s bank. The Vatican Bank, or Institute for Religious Works (IOR), operated in Italy without authorization for 40 years, Rome prosecutors said in the case.
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