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Two ex-Vatican bank chiefs face money laundering trial

Italian prosecutors on Friday said two former top executives at the Vatican bank will go on trial for money laundering, while the bank’s ex-chairman was declared innocent. Paolo Cipriani, the former director general of the bank formally known as the Institute for Religious Works, and his deputy Massimo Tulli are…

Italian police probe more suspicious Vatican bank transfers

Italian police have found 13 suspicious money transfers through the Vatican bank, a newspaper said Tuesday, reporting that a senior cleric arrested last week allegedly offered his own accounts to transfer money for his friends. The Corriere della Sera daily said that the suspect operations which have triggered money laundering…

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