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Italy: Court keeps block on Vatican Bank funds
Publicado el Oct 20, 2010

Reuters.- An Italian court has rejected a request by the Vatican Bank to lift a block on 23 million euros of funds frozen in Italian banks in an investigation into suspected  money laundering, judicial sources said on Wednesday.

Last month, Rome magistrates put the two top officials of the bank, formally known as the Institute for Works of Religion (IOR) under investigation and froze 23 million euros of its funds in two Italian banks over suspicions of money laundering.

The bank has denied any wrongdoing.

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