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Vatican bank chief ousted

The Vatican has said the head of its bank, who is being investigated in a money laundering case, has been ousted after receiving a unanimous vote of no-confidence from bank overseers.

Vatican bank chief ousted

Thu, 24 May, 2012 - 20:53

The Vatican has said the head of its bank, who is being investigated in a money laundering case, has been ousted after receiving a unanimous vote of no-confidence from bank overseers.

Ettore Gotti Tedeschi has been a polarising figure in the Vatican ever since he was named president of the Institute for Religious Works, known as the IOR, in 2009.

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Courts Heathrow Place: Vatican Person: Ettore Gotti Tedeschi Person: Tedeschi Organisation: Vatican Organisation: Institute for Religious Works Organisation: IOR

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