Vatican bank chief suspected of money laundering

Italian judge freezes 23 million euros held in the Vatican's name

A judge in Rome has ordered a freeze on 23 million euros held in a bank account in the Vatican’s name. Source told The Guardian that when Pope Benedict XVI left for Britain, a unit of the Italian revenue guard informed prosecutors of a discrepancy in the Vatican-owned account at the Rome branch of Credito Artigiano. The head of the Vatican Bank, Ettore Gotti Tedeschi, is currently being investigated for money laundering.

The Guardian