ROME
Chicago Tribune
Reuters
July 6, 2013
ROME (Reuters) – Italian prosecutors have dropped inquiries into the Vatican bank’s former president Ettore Gotti Tedeschi after concluding a money laundering investigation, judicial sources told Reuters.
Prosecutors accuse the bank’s director general, Paolo Cipriani, and its deputy director Massimo Tulli, who both resigned this week, of “authorizing illegal financial transactions”, said the sources, who asked not to be named.
The Vatican bank was not immediately available for comment on Saturday and in the past a spokesman has declined to comment. Reuters was unable to reach the two men accused in the probe.
A judge will now decide whether to proceed to a trial of Cipriani and Tulli.
The two directors left the bank on Monday after the arrest of a senior cleric who is accused of plotting to smuggle millions of euros into Italy from Switzerland.
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