£25m seized in police probe of Vatican bank

Italian authorities have seized £25m from a Vatican bank account aspart of an investigation into money laundering.

The Vatican bank's director general and its chairman are under

investigation for violations of anti-laundering laws.

It is not the first time the bank has faced trouble.

In the 1980s it was involved in a major scandal that resulted in a top financier, dubbed "God's Banker" because of his close ties to the Vatican, being found hanging from Blackfriars Bridge in London.

The Vatican has expressed full trust in the bank's leaders and said it was "perplexed."

Related topics: