Vatican watchdog reports sharp rise in suspicious transactions

VATICAN CITY
Europe Online Magazine

Vatican City (dpa) – The Vatican‘s financial oversight body on Monday said suspicious transactions within the world‘s smallest country had increased dramatically last year.

The Director of the Financial Intelligence Authority (AIF), Rene Bruelhart, said there were 202 cases in 2013, up from 6 in 2012.

Meanwhile, five transactions were reported to Vatican prosecutors, up from two in the previous year.

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