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Who’s Benefiting From the Vatican’s Money Laundering Scheme?

Not content with merely running a prostitution ring and a pedophilia-molestation ring out of the Vatican, the Roman Catholic Church is now accused of running a money laundering ring. Such diversification, my accountant would be so proud.

Some £19million in funds have been frozen while an investigation is underway.

A £19million money laundering scandal rocked the Vatican today – just days after Pope Benedict XVI’s successful visit to Britain. Police said the Vatican Bank’s chairman Ettore Gotti Tedeschi, who is known to the Pontiff, was under investigation for suspected failure to observe money-laundering laws. The probe was launched after tax police in Rome were alerted to two suspicious transactions totaling £19million (23million euro). Officers said another bank official – named by Italian media as director general Paolo Cipriani – was also being investigated. A statement from the Vatican appeared to confirm this – it said it was ‘perplexed’ by the investigation but had ‘full faith in chairman and director general.’

I can understand Pope Benedict XVI trying to run from allegations that he knew about all the sexy time going on between priests and boys before he became pope. But this is a scandal he can be proud of.

[Daily Mail]

By:          Ryan Tedder
On:           Sep 22, 2010
Tagged: , , , , ,
    • tavdy79

      just days after Pope Benedict XVI’s successful visit to Britain

      Successful? Really?

      A 20,000-strong anti-Pope protest in central London, some ten times bigger than it’s organisers expected, and they call it successful? The greatest nation-wide opposition to a state visit by any foreign head of state for the last three decades (with the possible exception of the state visit of G. W. Bush) and they call it successful? A state banquet which neither the Pope not the Queen could attend, and they call it successful?

      I dread to think what they’d call a disaster!

      Sep 22, 2010 at 11:53 am · @ReplyReply to this comment ·
    • B

      Re No. 1: “I dread to think what they’d call a disaster!”

      …. what they’d call a disaster is a drop in the amount of $$$$ going into those collection plates!

      Sep 22, 2010 at 8:30 pm · @ReplyReply to this comment ·

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