Monday, October 25, 2010

Italian prosecutors extend Vatican Bank probe

Italian prosecutors probing alleged money-laundering at the Vatican Bank suspect some clergymen may have posed as account holders at the lender for wealthy individuals, an Italian paper reported, citing court documents.

In one case a priest allegedly moved 300,000 euros from an account in San Marino and transferred it to a businessman, Corriere della Serra said according to a Bloomberg report.

SIC: CTH/ASIA