22 September 2010
Will they ever stop?
The Institute for the Works of Religion, also known as the Vatican Bank, is under investigation by Italian authorities for money laundering. The transactions in question total over 200 million American, and were done through a bank located across the road from St. Peter's Basilica. What specifically happened was that the Vatican Bank never disclosed where the money came from, which is a breach of Italian law. This scandal is the latest in a long line of money-laundering incidents involving the bank, which seriously needs to be cleaned out with a Karcher - and I think the 23 million euros the authorities seized are a good start and will hopefully bring down those low-lifes.
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