Tainted Vatican Bank receives report on financial transparency
The Vatican’s quest to be placed on the prestigious “white list” of financially transparent countries is coming to a close, after the Council of Europe completed a report on its financial activities. The contents of the report will not be disclosed for another month. Italy is currently conducting several investigations against recently-employed Vatican bank officials accused of money-laundering and other financial misdeeds.
The Vatican’s quest to be placed on the prestigious “white list” of financially transparent countries is coming to a close, after the Council of Europe completed a report on its financial activities. The contents of the report will not be disclosed for another month. Italy is currently conducting several investigations against recently-employed Vatican bank officials accused of money-laundering and other financial misdeeds.