Italian police seize $30 mln from Vatican in probe

[formercia]

Italian police seize $30 mln from Vatican in probe
AP


By NICOLE WINFIELD, Associated Press Writer Nicole Winfield, Associated Press Writer – 1 hr 51 mins ago

VATICAN CITY – Italian authorities seized euro23 million ($30 million) from a Vatican bank account Tuesday and said they have begun investigating top officials of the Vatican bank in connection with a money-laundering probe.

The Vatican said it was "perplexed and surprised" by the investigation.

Italian financial police seized the money as a precaution and prosecutors placed the Vatican bank's chairman and director general under investigation for alleged mistakes linked to violations of Italy's anti-laundering laws, news reports said.

--snip--

Gotti Tedeschi was named chairman of the bank a year ago after serving as the head of Italian operations for Spain's Banco Santander. A member of the conservative religious movement Opus Dei, Gotti Tedeschi frequently speaks out on the need for more morality in financing and is a very public cheerleader of Pope Benedict XVI's finance-minded encyclical "Charity in Truth."

--snip--

http://news.yahoo.com/s/ap/20100921/ap_on_bi_ge/eu_vatican_bank


Looks like the boys are in trouble again.

[Guy Whitey Corngood]

1. This should also be posted in GD where it'll get more traffic. nt

[formercia]

2. where it will get unrec'd and driven into the dungeon.

This is too important to let slide.

I will post it there. Thanks for the suggestion. :hi:

[muriel_volestrangler]

3. It's been in LBN for a few hours already

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4547646

where it's still got positive recs.

[formercia]

4. Thank you. I just gave it another rec. n/t

[rocktivity]

5. The Vatican has been MONEY LAUNDERING?

You'd think that all they'd have do to launder it is bless it.

Get Martin Scorcese on the phone--it's time to shoot Godfather 5!

(Yes, 5. Godfather 4 has been done.)

:headbang:
rocktivity

[KansDem]

6. The Vatican said it was "perplexed and surprised"

:rofl:

"Oh, and we never suspected our priests were planking 12-year-old boys either," added a church official...

[autorank]

7. Oops! Godfather IV k*r

What a strange event. You'd think the Vatican would have safeguards in place to stop this. Eh?