Since his installation in March, the pope also has appointed a trusted aide to help supervise the bank while naming a special commission to investigate charges of corruption and money laundering that have dogged the institution for decades. The bank also is to start publishing its financial accounts for the first time. Now the Vatican has even reached across the Atlantic for help, recruiting Washington, D.C.-based Promontory Financial Group to conduct a forensic review and screen the bank’s client relationships
Read more by clicking on the following: A Money-Smuggling Scandal Threatens to Sink the Vatican Bank - Businessweek
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