Italian prosecutors drop inquiry into former Vatican bank chief


  • World
  • Sunday, 07 Jul 2013

ROME (Reuters) - Italian prosecutors have dropped inquiries into the Vatican bank's former president, Ettore Gotti Tedeschi, after concluding a money laundering investigation that did implicate two of his juniors, judicial sources said on Saturday.

Prosecutors accuse the bank's director general, Paolo Cipriani, and its deputy director, Massimo Tulli, who both resigned this week, of "authorising illegal financial transactions", the sources, who asked not to be identified, told Reuters.

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