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Two ex-Vatican bank chiefs face money laundering trial
http://www.rawstory.com/rs/2014/03/28/two-ex-vatican-bank-chiefs-face-money-laundering-trial/
Two ex-Vatican bank chiefs face money laundering trial
By Agence France-Presse
Friday, March 28, 2014 19:01 EDT
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 accused in a case that led to the seizure of 23 million euros ($32 million).
Italian media reported prosecutors as saying that Cipriani and Tulli had signed off on the suspicious payment and former president Ettore Gotti Tedeschi had instead tried to enforce money laundering laws.
The two were forced to resign last year, three days after a senior Vatican accountant — Monsignor Nunzio Scarano — who held accounts at the bank was arrested in Italy for suspicious cash transfers.
