Italian police seize $30M from Vatican in probe

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Italian police seize $30M from Vatican in probe
OP - September 21, 2010, 05:55 PM

Italian police seize $30 mln from Vatican in probe

By NICOLE WINFIELD (AP) – 15 minutes 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.

The investigation is not the first trouble for the bank — formally known as the Institute for Works of Religion. In the 1980s, it was involved in a major scandal that resulted in a banker, dubbed "God's Banker" because of his close ties to the Vatican, being found hanging from Blackfriars Bridge in London.

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- Saif Rahman
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Re: Italian police seize $30M from Vatican in probe
Reply #1 - September 21, 2010, 05:59 PM

OMFG! Hurray, we finally have no religious authority above the people.

Here's a great welcome to major progress

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Re: Italian police seize $30M from Vatican in probe
Reply #2 - September 21, 2010, 06:03 PM

whoa
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Re: Italian police seize $30M from Vatican in probe
Reply #3 - September 21, 2010, 06:07 PM

Quote from: IsLame on September 21, 2010, 05:59 PM
OMFG! Hurray, we finally have no religious authority above the people.

Here's a great welcome to major progress

Is the pope back home yet? I bet he is not happy about this!

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Re: Italian police seize $30M from Vatican in probe
Reply #4 - September 21, 2010, 06:10 PM

Quote from: RIBS on September 21, 2010, 06:07 PM
Is the pope back home yet?

If not, he will be soon - he's gonna have to get rid of his kiddy porn collection fast..

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Re: Italian police seize $30M from Vatican in probe
Reply #5 - September 21, 2010, 07:25 PM

This is not as shocking nor as awesome as you people think it is.
Unfortunately, banks in Italy often get into troubles for involuntarily breaking anti-laundry or anti-mafia or anti-whatever laws.

The keywords here are: "alleged mistakes linked to violations of Italy's anti-laundering laws".

Do not look directly at the operational end of the device.
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Re: Italian police seize $30M from Vatican in probe
Reply #6 - September 21, 2010, 10:30 PM

Have to agree with Tlaloc , they have enough evidence to put Berliscunti away for a thousand years but italy is so corrupt and berlosconi too devious and powerful for it ever to happen

According to the polls only 1.6 % of Americans are athiests. So what gives you the right to call the other 80% morons?'
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