"God´s Bankers" Money Launderers?

"God´s Bankers" Money Launderers?: "In a new case involving money-laundering the Institute for Religious Works, the bank of the Vatican, is under new harsh scrutiny from allegations that brought police to seize 23 million Euro ($30 million) in Vatican assets in September.<br /> Court documents for the prosecutors show that clergy acted as fronts for corrupt businesses and the Mafia and that the Vatican Bank flouted anti-laundering laws 'with the aim of hiding the ownership, destination and origin of the capital.'<br /> In specific, the documents point to two transactions, one where a false name was used in 2009, and another in 2010 where the Vatican refused to disclose where a 650,000 Euro ($860,000) withdrawal was going to."

"God´s Bankers" Money Launderers?

"God´s Bankers" Money Launderers?: "In a new case involving money-laundering the Institute for Religious Works, the bank of t...

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