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Vatican Bank researched over money laundering accusations – This Just In - CNN.com Blogs German authorities are examining the Vatican Bank over probable violations of money laundering rules, the Bank of Italy told CNN Tuesday. Still another Italian bank notified Bank of Italy detectives to two Vatican Bank deals that didn't seem to adhere to anti-money laundering needs, the Bank of Italy said. When Bank of Italy detectives told legitimate authorities concerning the purchases, they were told that judicial authorities were already examining the Vatican Bank, the Bank of Italy said.