Vatican bank asks Italian court to release frozen funds
Catholic World News - October 07, 2010
The Vatican bank, the Institute for Religious Works, has asked an Italian court to release the €23 million in funds that have been frozen by Italian banking authorities in connection with a money-laundering investigation.
The Vatican’s appeal to an Italian court may be unprecedented. Financial Times notes: “Veteran Vatican observers said they could not recall a previous case of the Vatican, a sovereign state, seeking redress through the Italian judicial system.”
An appeal from our founder, Dr. Jeffrey Mirus:
Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!
Progress toward our July expenses ($15,502 to go):
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!