Vatican bank charged with money-laundering

Press TV – The Bank of the Vatican has been accused of laundering USD 200 million by proxy through an Italian creditor, a report indicates. The allegation of the Vatican bank’s financial corruption has been made by an Italian magazine that pointed to the financial institute’s purported involvement in stealth fiscal transactions “”via several accounts “”with Italy’s UniCredit Bank, Russia Today television network quoted the Panorama magazine as reporting. Read Article

Tags: banks, corruption, Europe, religion