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The head of the Vatican Bank has been put under investigation as part of a money-laundering inquiry, police sources in Rome say.
Ettore Gotti Tedeschi and another senior official were put under investigation after two suspicious transactions were reported to police.
Some 23m euros ($30m; £19m) was also seized from the bank's accounts with another institution.
Banco Ambrosiano was an Italian bank which collapsed in 1982. At the centre of the bank's failure was its chairman, Roberto Calvi and his membership in the illegal masonic lodge Propaganda Due. Vatican Bank was Banco Ambrosiano's main shareholder, and the death of Pope John Paul I in 1978 is rumored to be linked to the Ambrosiano scandal, giving one of the subplots of The Godfather Part III. Vatican Bank was also accused of funneling covert United States funds to Solidarity and the Contras through Banco Ambrosiano.
Originally posted by Cherryontop
I hope this leads to massive arrests and more investigations.
Yes, one can dream, but dream big I will.