TV News LIES

Saturday, Oct 18th

Last update08:15:38 AM GMT

You are here News Of Special Interest Vatican Defends Bank After Seizure of $30 Million

Vatican Defends Bank After Seizure of $30 Million

E-mail Print PDF

Vitan city defends bank transferAs an inquiry into its murky finances looked poised to widen, the Vatican swiftly went on the defensive on Thursday, saying that the seizure of $30 million from a Vatican bank account and the judicial investigation of the bank’s two top officials were the result of a “misunderstanding.”

On Tuesday, Italian officials announced an inquiry into the Vatican bank’s top officials for having failed to explain adequately the origins of $30 million transferred from one of its accounts in a Rome bank. Magistrates opened the investigation based on an alert from the Bank of Italy, the nation’s central bank.

The authorities here said they had seized the $30 million “preventatively” but have not pressed charges against the Vatican bank’s chairman, Ettore Gotti Tedeschi, or its director general, Paolo Cipriani.

Like the clerical sexual abuse crisis that has troubled the Roman Catholic Church in recent months, the financial inquiry appeared to open another front in a quiet war between church and state in Europe — or perhaps signaled the further waning of an era in which the Vatican was seen as untouchable.

More...


Most Recent Related Stories...


The West Coast's most dangerous faults could rupture together, affecting entire region

San Aadreas FaultTwo of the West Coast’s most dangerous fault lines might be more in sync than scientists...

In cell where Jeffrey Epstein died, a scene of disarray that never underwent thorough inspection, experts said

Epstein cellThe federal investigation into the death of convicted sex-trafficker Jeffrey Epstein was marred by significant lapses,...

World celebrates as Israeli hostages are freed; ceasefire holds in Gaza; live updates

hostages The world on Monday celebrated the release of the remaining hostages taken by Hamas in...

Judge refuses to block Trump’s deployment of national guard to Illinois

Judge refuses to block troops to IllinoisA federal judge will not immediately block national guard troops from being deployed in Illinois after...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!