Vatican bank claims probe due to ‘error in procedure’

AN “error of procedure” at the Vatican bank is being exploited to attack the Vatican with a money- laundering investigation, the bank’s president said in an interview published yesterday.

Vatican bank officials are under investigation for suspected money laundering and police have frozen €23 million of its funds, Italian judicial sources said on yesterday.

The bank’s presidentEttore Gotti Tedeschi told financial daily Il Sole 24 Ore he felt humiliated by the investigation and it all centred around a mistake.