Excerpt:
"Only Vatican employees and religious institutions are allowed to open accounts in the bank — which you’d think would make it the most moral bank in the world...So why is its chief, economist Ettore Gotti Tedeschi, under investigation for money laundering?"
"...Until now, IOR's secrecy has been assured by the loyalty and frugality of its employees, mostly priests, and by the fact that the Vatican, a sovereign State, operates as a financial black hole, exempt from all international disclosure and transparency obligations..."
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