Vatican Bank Embroiled in Money-Laundering Probe

Posted on Sep 21, 2010

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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