October 9, 2021 at 10:00 a.m. EDT A trove of secret files details the financial universe where global elite shield riches from taxes, probes and accountability. You might recall that a few years ago, Catherine Austin Fitts and I looked up Francis' appointment of an accounting firm to audit the Vatican Bank during one of her visits to me. Reminds me of when the Vatican actually reviewed a Star wars movie for the first time because they were so upset. News reports coming out of Italy that someone at military contractor co. Leonardo SpA, 1/3 owned by the Italian government, used their satellite access code to link up & transfer data re: our election. The scandal resulted in firings and barring entrance to the Vatican of former workers. Gabriele Liuzzo, 97, received the same sentence as Caloia. One can only laugh at such articles, whats so wrong that the Indian govt wants to vaccinate their people first. The two were fined 12,500 each as well. The longtime Vatican head of security had to resign over the affair. For someone wanting to get to the bottom of the financial swamp that is the Vatican Bank, this was not an auspicious beginning. if you do building work in the Vatican City you are paid by the APSA, typically through a third party bank and not the IOR (Vatican Bank). January 13, 2021 Continue to this story on CNA CWN Editor's Note: A court in Rome has ordered Vatican officials to return cash and other property seized from the home of Fabrizio Tirabassi, an . The pope promulgated the new law in an apostolic letter issued motu proprio (on his own impulse). The US Corporate government seeks to roll over its payments past the deadline. The $34 Quintillion in gold seized from the Vatican is being distributed to the people globally, the Facebook post reads, citing CBK as its source. 2023 Cable News Network. Christian. Submit news to our tip line, Worst Marvel Movie Ever? EFCC urges court to inspect money seized from ex-NNPC GMD in Kano. The Vatican allegedly sank more than $200 million into the venture mostly from donations from Catholic faithful while middlemen allegedly pocketed tens of millions in fees. Answer (1 of 36): The Church's greatest wealth are her poor. When the Ministry of Truth comes marching in; videos like above go, St Peters Basilica and the Vatican museums were closed or only partially open for much of 2020 during the Covid-19 pandemic. In 2014, Reuters reported that Vatican prosecutors had frozen 16 million in accounts owned by the defendants at the Vatican bank. The Institute for Religious Works, or 'Vatican bank'. Documents seized from an Oct. 1 Vatican raid and leaked to Italian media show that the money for the London real estate had previously been invested in an oil rig off the coast of Angola, before . The US Corporate government seeks to roll over its payments past the deadline. The Vatican's criminal tribunal on Thursday, jan, 21, 2021 convicted the former head of the Vatican bank and his lawyer of embezzling some 57 million euros in proceeds from the sales of Holy See-owned real estate and sentenced them to nearly nine years in prison. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. ROME A Vatican court on Thursday convicted a former senior official at the Vatican bank and his lawyer of embezzlement and money laundering, sending a strong signal that the church was determined to get its financial house in order. The circumstances of his death, not the least the strange behavior of theCardinal Camerlengo(the cardinal who takes over Vatican operations until a new pope is elected) Jean Villot in his handing of the death, led some to conclude John-Paul I was murdered. The trial will inevitably bring a swirl of media interest to the tiny city-state surrounded by Rome, and appears to underscore Pope Francis' determination to cure the rot in Vatican finances, even if it involves messy public hearings. Saturdays indictment also targets Ren Brulhart, former president of the Vaticans Financial Information Authority, and Tommaso di Ruzza, its former director, as well as four companies from the US, Slovenia and Switzerland. Premium users have access to full-length programs with limited commercials and receive a 10% discount in the store! The prosecution wants the money Jabari Jaleel Kirton admitted he had made from selling drugs, confiscated. All three denied wrongdoing during the trial, which started in 2018. The seizure by the Met's economic. In effect, what Francis has done is to move the whole hidden system of finance that is the Vatican Bank, a participant in that global hidden system that Ive speculated about for so long, and placed it directly under papal control. At Catholic News Agency, our team is committed to reporting the truth with courage, integrity, and fidelity to our faith. The information released on Saturday was contained in two documents a consolidated financial statement for 2020 for the Holy See and the first ever public budget for the Administration of the Patrimony of the Apostolic See (Apsa). Posted on May 5, 2021 Crown wants drug money seized. UPDATED: LIST OF INDICTMENTS, ARRESTS AND EXECUTIONS!! The circumstances of his death, not the least the strange behavior of the Cardinal Camerlengo (the cardinal who takes over Vatican operations until a new pope is elected) Jean Villot in his handing of the death, led some to conclude John-Paul I was murdered. In a document issued Dec. 28, the pope formalized the transfer of financial responsibilities from the Vatican's Secretariat of State to the Administration of the Patrimony of the Apostolic See (APSA), which functions as the Holy See's treasury and sovereign wealth manager. That its an annual worldwide collection supporting the Popes mission, sounds like a benign way of mentioning money laundering abroad so long as interests are mutual. Military seized the Vatican gold and killed 13 families of the Italian Casarean Jesuits, knights of Malta leaders. Enter your email address to subscribe to this blog and receive notifications of new posts by email. The aim is to reassure donors that their money is being well spent, following years of mismanagement that is currently the focus of a Vatican corruption investigation. Have to tread lightly, Italy is a NATO ally. Updated Background: He said, they said: inside the trial of Matthew McKnight MARKET WATCH. Luke 12:1-5. Thursdays case involved the sale of 29 buildings, mostly in Milan and Rome. According to the Vatican, the January 2021 convictions referred to in the opening paragraphs above were a product of this legislation. The second major step took place in January 2021, before Biden was sworn into office, when the US. and protect evils bad name? Vatican election meddling, by Leonardo da Vinci, causes Mona Lisa to smile. The trial, which began in May 2018, was briefly suspended last year because of coronavirus restrictions. Pope Francis orders online release of second world war-era Jewish files, Pope Francis sends 15,000 ice-creams to prisoners in Rome, Pope announces envelope culture crackdown at Vatican, Former head of Vatican bank sentenced to jail for embezzlement, Pope condemns travelling abroad to escape coronavirus lockdowns, Vatican report faults successive popes over defrocked cardinal Theodore McCarrick, Vatican enlists bots to protect library from onslaught of hackers. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. All DS gold has already been seized (Vatican etc) Wall Street, Washington DC, Vatican and City of London all DEAD . He first announced the shake-up in an Aug. 25 letter to Vatican Secretary of State Cardinal Pietro Parolin that was made public on Nov. 5 after the Secretariat of State was engulfed by accusations of financial mismanagement. 9 Aug. 2021. Had such a large sum of gold been seized with plans to distribute to the mass public, major media outlets certainly would have reported on it, yet none have. They let the Georgia elections go on to get this information, the last puzzle piece that absolutely shows foreign interference. The former head of the Vatican bank, Angelo Caloia, has been sentenced to nearly nine years in prison for money laundering and aggravated embezzlement. ", The longtime Vatican head of security had to. Nearly half of its clients in 2019 were religious orders. A third person, a senior manager at the Vatican bank, had also been placed under investigation but died in 2015. Former Shoe Shiner Wins Back Nearly $30,000 Seized by Federal Agents - The New York Times Former Shoe Shiner Wins Back Nearly $30,000 Seized by Federal Agents Authorities at an airport last. You also Present concerns of the Holy See include religious freedom, threats against minority Christian communities in Africa and the Middle East, the plight of refugees and migrants, sexual misconduct by clergy, international development, interreligious dialogue and reconciliation, and the application of church doctrine in an era of rapid change and Did you encounter any technical issues? He said starting a trial so soon did not give defence lawyers enough time to prepare. Nov. 19, 2021, 11:44 AM PST By Kevin Collier Almost all of the money seized by the Internal Revenue Service's Criminal Investigation unit over the past fiscal year was in cryptocurrency, the. For the Vatican bank, the important thing was to have justice, and to have the truth emerge, he added. That crisis was in the process of being solved through a Global Currency Reset that has been in the works for over twenty years. One of the problematic issues about freedom of discussion is that network sniffers have a field day scooping up mega-bytes by the terra-byte. Once connected malware can do what the programmer instructs it to relay with little notice. "The operational statistics for . The Vatican has indicted 10 people, including an Italian cardinal, for several alleged financial crimes including extortion, corruption, fraud, forgery, embezzlement and abuse of power. Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new . The indictment request said Mincione had tried to deceive the Vatican, which in 2018 tried to end the relationship. ROME The Vatican's ongoing financial scandals show no sign of letting up as police have uncovered hundreds of thousands of euros in cash along with precious gold coins and medallions hidden in two homes of a suspended Vatican official. VATICAN CITY, July 3 (Reuters) - A prominent Italian cardinal was among 10 people sent to trial in the Vatican on Saturday charged with financial crimes including embezzlement, money. And of course, to the rumors that persist to this day that Albino Cardinal Luciani Pope John-Paul I was rumored to be ready to take a major broom to the Vatican Bank (and the Vatican itself), and clean out the swamp, when he was found dead in his bed, shortly after a meeting with an archbishop. Many people spotted this story over the holiday break, and it's worth some commentary. nature of The Vatican: the Vatican City State (VCS), and independent entity recognised under international law, and the Catholic Church with the Curia of Cardinals, both headed by the Pope. All that beside the 200 plus years of Rothchild / Vatican money shenanigans. The investigation also allegedly found wrongdoing surrounding the purchase and sale of a grossly overestimated-priced property in London, during which the indicted allegedly was complicit in performing forgery and extortion, among other crimes, Vatican News said on Saturday. The Council of Europe's anti-money laundering body draws up a comprehensive assessment of the country's level of compliance with the Recommendations by the Financial Action Task Force (). [sung to the tune of Where Oh Where Has My Little Dog Gone?] The Vaticans drive to improve accountability has included the creation of new oversight structures, a reorganization of financial departments and the closing in recent years of hundreds of suspect accounts at the Vatican bank to comply with anti-money laundering laws and international standards. Becciu continued to have influence over money transfers at the Secretariat even after he left the post, the document said. Although having the fox guarding and/or auditing the henhouse is just plain fun; an in-your-face crooked wink to themselves. YouTube took the link off line. The decree will force Holy See institutions, including the Secretariat of State, to move their financial assets to the IOR by the end of September. Its no wonder that there are re-alignments taking place and its only the beginning of January. The IOR, based in Vatican City State, has 110 employees and 14,519 clients. (File Photo/CNA). I dont think this reform is as revolutionary as some of the press- such as the Wall Street Journal are making out. About 40% were institutional buildings such as schools, convents and hospitals. Apsa, a sort of general accounting office, manages real estate and investments, pays salaries, and acts as a purchasing office and human resources department. All told, the Secretariat of State sank more than 350 million euros into the investment, according to Vatican media, and suffered what Cardinal George Pell, the former Vatican treasurer, told Reuters last year were "enormous losses". MADELEINE MCCANN'S FATER WEARING RED SHOES WITH PODESTA.. JFK Jr and Princess Diana still alive!! 100. worldwide. Not so obvious? (For the record, its a suspicion I continue to entertain.) The bank said in 2018 that it had lost more than 50 million as a result of the disposal of a considerable part of the Institutes real estate assets.. As of 2021, it looked after 5.2 billion euros ($5.6 billion) of client assets. Monthly: $10 a month British police have confiscated around $250 million worth of cryptocurrency as part of an ongoing money laundering investigation, London's Metropolitan Police announced Tuesday, marking one of. Yearly: $120 a year, To pay in advance without a subscription, click here It might be argued that this was the only way to deal with the bank, to gain any measure of real oversight or transparency in the institution. The main charges against Becciu involve the alleged funnelling of money and contracts to companies or charitable organisations controlled by his brothers on their native island of Sardinia.
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