Hey! It's the 80's all over again!
[exclamation marks! please don't start singing Wham!]
It seems like only yesterday we were reading "Italy: The Great Vatican Bank Mystery"
-Time MagazineFrom the AP:
September 13, 1982
Italian authorities seized euro23 million ($30.18 million) from a Vatican bank account Tuesday and said they have begun investigating top officials of the Vatican bank in connection with a money laundering probe.Alrighty then. As for me, I gotta go go.
The Vatican said it was "perplexed and surprised" by the investigation.
Italian financial police seized the money as a precaution and prosecutors placed the Vatican bank's director general and its chairman under investigation for alleged mistakes linked to violations of Italy's anti-laundering laws, news reports said.
The is probe not the first time the bank — formally known as the Institute for Works of Religion — has faced trouble. In the 1980s, it was involved in a major scandal that resulted in a banker, dubbed "God's Banker" because of his close ties to the Vatican, being found hanging from Blackfriars Bridge in London....MORE