1. The Vatican Bank Faces Accusations of Money Laundering
... List," a list of countries that comply with international banking standards. Spokesman Father Federico Lombardi issued a letter claiming, "The current problem was caused by a misunderstanding - now being examined - between the IOR and the bank which received the transfer order" (News.gather.com). Lombardi has also assured that the IOR was merely transferring funds to its own accounts in other banks (Rocca). However, he has also made it ... clear that the IOR is extremely disgruntled at the fact that Italian magistrates publicly announced the allegations; "The nature and aims of ... ...
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