Vatican Bank Probe Marks Frst Time Its Accounts Blocked/CNN

http://www.cnn.com/2010/WORLD/europe/09/22/vatican.bank.investigation/

"Rome, Italy (CNN) -- An Italian probe into the Vatican Bank marks the first time Italian authorities have ever blocked an account at the bank, prosecutors told CNN Wednesday.

Italian authorities informed the Vatican Bank Tuesday that it was under investigation over possible violations of money laundering regulations, prosecutor Nello Rossi told CNN.

Prosecutors seized 23 million euros (about $30 million) in Vatican Bank transactions "as a cautionary measure" on Monday, he said."

AP Story:

Italian police seize $30M from Vatican in probe

By NICOLE WINFIELD

http://hosted.ap.org/dynamic/stories/E/EU_VATICAN_BANK?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2010-09-21-09-17-39