1. The Vatican Bank Faces Accusations of Money Laundering
... laundering (News.gather.com). The IOR manages funds for the Vatican and other Roman Catholic institutions around the world, including charities, religious orders, and hospitals (News.gather.com). The Vatican Bank had previously been under scrutiny in 1982, following the death of Banco Ambrosiana's president, Robert Calvi. The Vatican Bank is believed to have had a hand in the bankruptcy of Banco Ambrosiana. Their bankruptcy was the largest in European history up ... until that time (Rocca). Calvi was found hanged under Blackfriars Bridge. To this day, it is unknown whether his death was...
- Word Count: 478
- Approx Pages: 2
- Has Bibliography