Italian police seize $30M from Vatican in probe

[defendandprotect]

Italian police seize $30M from Vatican in probe

By NICOLE WINFIELD, Associated Press Writer Nicole Winfield, Associated Press Writer – 2 hrs 33 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.

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.


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


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Interesting article which touches on OTHER scandals involving the Vatican Bank --

The Vatican bank, located in a tower just inside the gates of Vatican City, isn't a typical bank. Its stated mission is to manage assets placed in its care that are destined for religious works or works of charity. But it also manages ATMs inside Vatican City and the pension system for the Vatican's thousands of employees.

[mindwalker_i]

1. God (as Cartman): "I did not get an anal probe!" n/t

[underpants]

2. Ooh! no! "Vatican... probe" YIKES

O8) I'm with you Jesus but I am not with that church

[Scuba]

3. $30 Million not being used to help the poor.

[defendandprotect]

4. Notice that Obama has now named ex-Citicorp Lew to OMB ... we may expect money laundering ...

now right thru our government!!

More convenient for elites?