Vatican Bank Embroiled in Money-Laundering Probe

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Vatican Bank Embroiled in Money-Laundering Probe

Wikimedia Commons / valyag

A view of Saint Peter’s Square from the St. Peter’s Basilica dome in Vatican City.

The Vatican has another holy mess on its hands, this time of the financial sort, as the man in charge of the Holy See’s official bank, one Ettore Gotti Tedeschi, is under investigation as part of a a money-laundering case, according to the BBC.

BBC:

Prosecutors also seized 23m euros ($30m; £19m) from the bank’s accounts with another smaller institution.

The inquiry was launched after two suspicious transactions were reported to tax police in Rome.

The Vatican said it was “perplexed and astonished,” and expressed full confidence in Mr Tedeschi.

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TAGS: bank catholic church holy see money laundering pope tedeschi vatican

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By SarcastiCanuck, September 22, 2010 at 6:30 am Link to this comment
(Unregistered commenter)

Its o.k…Just have Mr.Tedeschi go to confession,say 10 Hail Marys and “its gonna be a gooda”....Looks like the Pope’s got somemore splanin to do Lucy…Look on the bright side,at least our corrupt religous officials take our minds off of our corrupt political figures.
This would be funny if it just wasn’t so pathetically true….

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By Anthony, September 22, 2010 at 5:10 am Link to this comment
(Unregistered commenter)

Steer clear of the Black Friar bridge!

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By gerard, September 21, 2010 at 7:22 pm Link to this comment

Not to worry. If the money is missing, just pick out one or two of the thousands of works of art and sell them to Southeby’s.

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By diman, September 21, 2010 at 6:50 pm Link to this comment

Vatican is a big banking business, so money laundering is a standard procedure, I say, the time has come to take George Carlin’s advice and start public crucifixions of high-ranking bankers in the halftimes between ballgames.

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