Malta court authorizes seizure of €29 million in Vatican bank assets

Washington D.C., Apr 9, 2020 / 01:00 pm (CNA).- A Maltese court has authorized the seizure of assets belonging to the Institute for Works of Religion (IOR), commonly called “the Vatican Bank.” The garnishment order was issued last month, allowing three companies involved in a lawsuit against the bank to seize €29.5 million in assets.