TV News LIES

Sunday, Nov 02nd

Last update08:06:05 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...


Putin says Russia successfully tested nuclear-powered cruise missile

cruise missileRussia has successfully tested its nuclear-powered Burevestnik cruise missile, a nuclear-capable weapon Moscow says can pierce...

Vance slams Israel's parliament vote on West Bank annexation, calling it an 'insult'

Vance in JerusalemU.S. Vice President JD Vance criticized Thursday Israel's parliament vote on West Bank annexation, saying it...

Left-leaning independent Connolly wins Irish presidential election

Catherine ConnollyLeft-wing independent Catherine Connolly, who secured the backing of Ireland’s left-leaning parties including Sinn Féin, has...

Democrats Launch Investigation Into Trump’s ‘Theft’ Of $230 Million In Taxpayer Money

Dems chaallenge Trump's attempt to get money from DOJTrump has filed administrative complaints with the Department of Justice alleging that his rights were violated...
 
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!