http://www.bbc.co.uk/news/world-europe-23094320 :
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September 2010: Italian police launch investigation into money laundering at the bank
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December 2010: Vatican sets up financial authority to fight money laundering and make financial operations more transparent
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May 2012: Bank chief Ettore Gotti Tedeschi dismissed for dereliction of duty
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January 2013: Italian central bank suspends all bank card payments in the Vatican, citing its failure to fully implement anti-money laundering legislation
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February 2013: German lawyer Ernst von Freyberg appointed to head bank
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June 2013: Pope Francis sets up a commission to review the bank’s activities
http://www.bbc.co.uk/news/business-23289297 :
During the 1980s, the archbishop got involved in some shady dealings, first with a Mafia-linked Sicilian banker called Michele Sindona, and then with an Italian financier called Roberto Calvi, president of the Banco Ambrosiano, which eventually collapsed with huge debts involving losses of at least $250m (£165m) to the IOR, one of the Banco’s shareholders.
http://www.bbc.co.uk/news/world-europe-23138680 :
But Pope Francis has shown that he is now determined to get to the bottom of long-standing allegations of corruption and money laundering involving the bank, our correspondent adds.
The Institute for the Works of Religion was a major shareholder in the Banco Ambrosiano, a big Italian bank which collapsed in 1982 with losses of more than $3bn.
Its chairman, Roberto Calvi, was found hanging from Blackfriars Bridge in London - in a murder disguised as a suicide. Mr Calvi had close relations with the Vatican.
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