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Thursday, September 23, 2010

Tedeschi and the Vatican Bank

Ettore Gotti Tedeschi, the president of the Vatican Bank, has strongly denied allegations the bank broke anti-money laundering rules and sees news of the investigation into him and the bank as an attack on him, the institution and the Vatican.

“Since I assumed the presidency of the IOR [Vatican Bank] I have committed my whole self, according to the indications received by the Pope and the Secretary of State, to make every transaction more transparent and in line with international norms against money laundering,” he said in an interview in today’s Il Giornale. “For this reason, I feel really humiliated.” He added: “God is always present in everything I do.”

Tedeschi, 65, is a father of...Read more here.

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