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Italy: Ex-Vatican bank chief's house searched in graft probe

last update: June 05, 11:15

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Naples, 5 June (AKI) - Police in the southern Italian city of Naples Tuesday searched the home of former Vatican bank chief Ettore Gotti Tedeschi on the orders of prosecutors investigating alleged corruption by executives from Italian aerospace and defence giant Finmeccanica.

Gotti Tedeschi is not himself under formal investigation, according to sources close to the probe.

It was not immediately clear what his connection may be with state-controlled Finmeccanica, which denies the graft accusations being probed by Naples prosecutors.

Gotti Tedeschi was ousted in late May as president of the Vatican Bank by its board of cardinals for allegedly failing to clean up the image of the bank after a major money-laundering scandal last year.

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