Vatican Bankers Quizzed over Laundering

By Guy Dinmore
Financial Times
September 30, 2010,Authorised=false.html?

Rome magistrates leading an investigation into a suspected breach of money laundering regulations by the Vatican bank questioned its top two officials for several hours on Thursday for the first time since the probe was opened and ˆ23m in Vatican funds were seized.

Leaving the judiciary complex in Rome after their meeting, Ettore Gotti Tedeschi, head of the Institute for Religious Works (IOR) as the Vatican bank is formally known, repeated to reporters the Vatican’s explanation that the events were the result of a “misunderstanding” which he intended to clarify.

Nello Rossi, the magistrate leading the probe, declined to comment after questioning Mr Gotti Tedeschi and Paolo Cipriani, IOR director-general, in the presence of their lawyer articles are only available to registered users and subscribers.


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