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. . (AMERICA MAGAZINE) - Pope Francis has unequivocally confirmed that bishops must obtain authorization from the Holy See before granting permission to celebrate the pre-Vatican II Mass in parish churches and before allowing priests ordained after July 16, 2021, to use the 1962 Roman Missal. Our Standards: The Thomson Reuters Trust Principles. The Vatican's chief prosecutor, Gian Piero Milano,said the investigation uncovered "serious indications of embezzlement, fraud, abuse of office, money laundering and self-laundering. 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 (). The alleged illegal activities found by the investigation regard investments using charity money into extremely high-risk financial activity for personal gains, which include an investment in the fossil fuel industry in Angola, that could amount to more than 200 million, according to a detailed report from Vatican News. appreciated. Theyre as if knowingly on the periphery, an ephemeral position thats hard to catch if not ready without knowing the design of the set up. The Fines, Penalties & Forfeitures handles bulk cash smuggling seizures and administrative forfeiture actions. And as that system moves increasingly toward more globaloney, expect the same from the Vatican and future popes. Background: He said, they said: inside the trial of Matthew McKnight MARKET WATCH. A Warner Bros. All Rights Reserved. [1/2]Cardinal Giovanni Angelo Becciu, who has been caught up in a real estate scandal, speaks to the media a day after he resigned suddenly and gave up his right to take part in an eventual conclave to elect a pope, near the Vatican, in Rome, Italy, September 25, 2020. Oops! Then there's Francis, who's right up there in my book along with Innocent III, Boniface VIII, and Pius "I-am-Tradition" IX for "reckless expansions of papal power." Once connected malware can do what the programmer instructs it to relay with little notice. Discovery Company. Massive amounts of artifacts & art works, all kinds of things. The claim is, we knew info was moving, just didnt know how. 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 I've speculated about for so long, and placed it directly under papal control. All DS gold has already been seized (Vatican etc) Wall Street, Washington DC, Vatican and City of London all DEAD . 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. CNN Sans & 2016 Cable News Network. 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. There are bits and pieces from international involvement thats difficult to pin down but other bytes quite active. Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". 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. Church Militant was on the ground in Rome in October covering the Amazon Synod when news broke of the nearly half a billion dollars pilfered from Peter's Pence, the account earmarked to help the poor. Does ChatGPT get Catholics? To draw a somewhat clumsy analogy, this is akin to President Kennedy's National Security Action Memorandum, that removed the CIA from oversight of covert operations, and placed those operations directly under the military, i.e., directly under the chain of command ending in the Presidency. At Catholic News Agency, our team is committed to reporting the truth with courage, integrity, and fidelity to our faith. One whistleblower estimated it at $200 billion. Liuzzos son, Lamberto Liuzzo, age 55, was handed a five years, two month term. The actual direct flight distance is 1,432.90 miles (2,306.03 kms). Each man will also have to pay fines and are banned from public office in perpetuity, according to a press release from the Vatican. There was no immediate response to attempts to reach their lawyers, but both men have consistently denied wrongdoing. So did the Pope take over the bank to hide the money moving to fund this? Apsa, a sort of general accounting office, manages real estate and investments, pays salaries, and acts as a purchasing office and human resources department. Anyone can read what you share. The problems began, one might recall, in the late pontificate of Paul VI(though the story broke later), when the first scandals and stories began to break tying the bank to other scandals, mobster Michelle Sindona's Franklin Bank collapse, the Loge Propaganda Due affair that tied Mason Licio Gelli's P2 Lodge to high ranking Italian government and Vatican officials, to the connections of Banco Ambrosiano's Roberto Calvi (found hanging from London's Blackfriar's Bridge with bricks stuffed into his pants), to American Archbishop Paul Marcinkus, at one time head of the IOR, and later Pope John-Paul II's chief of security. Vanity, thy name is Vatican. But that the bad guys werent evil enough! 100. worldwide. Your email address will not be published. Quarterly: $30 every 3 months Trump has accepted the election result and pledged a smooth transition so its game over. The indictment request said she had received about 575,000 euros from the Secretariat of State in 2018-2019. Monthly: $10 a month Given that any device connected and/or intermittently connected to a network has the working potential of being an unwitting hub for short periods without the user recognizing how useful their device has become for hacking, data exchanging, and manipulating data. The investigation into the purchase of the building became public on Oct. 1, 2019, when Vatican police raided the offices of the Secretariat of State, the administrative heart of the Catholic Church, and those of the Vatican's Financial Information Authority (AIF). Compiled Mon. The Vatican said the convictions were the product of legislation enacted in 2018 to bring it up to international standards for combating money laundering, corruption and other serious crimes.. Submit news to our tip line. The US military are controlled by Industry hence Military-Industrial complex. February 16 2022, 7:04 p.m. Men hold signs as they march . The indictment request said Mincione had tried to deceive the Vatican, which in 2018 tried to end the relationship. https://www.telegraph.co.uk/global-health/science-and-disease/pharmacy-developing-world-shuts-doors-india-stockpiles-oxford/. Another Sardinian, Cecilia Marogna, 40, who worked for Becciu, was charged with embezzlement. avvy Catholics know the Vatican often misdirects funds as has been in the news frequently even as recently as two days ago. The second major step took place in January 2021, before Biden was sworn into office, when the US. From the world's point of view this is really no wealth at all. Law enforcement officials last week seized 2.8 tons of methamphetamine and fentanyl powder at a U.S.-Mexico border crossing in California, U.S. Customs and . And. The second major step took place in January 2021, before Biden was sworn into office, when the US. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. He said the trial would be a turning point in the Vaticans credibility in economic matters and that a similar event could not be repeated because of measures put into place since. Former president of the IOR Vatican bank, Angelo Caloia is pictured during a court hearing on embezzlement charges at the Vatican. On 20 December 2017, President . Learn how your comment data is processed. He said it was unlikely that Mr. Caloia, 81, or Mr. Liuzzo, 97, would ever see the inside of a prison cell because of their ages. Former Vatican Banker Convicted of Money Laundering and Embezzlement, https://www.nytimes.com/2021/01/21/world/europe/vatican-bank-embezzlement.html. He and two lawyers who consulted for the bank were charged with embezzling money while managing the sale of Italian real estate owned by IOR between 2001-2008, allegedly declaring less than the actual amount of the sale. The motto of the Sept. 1315 visit, Messengers of Peace and Unity, is written in Kazakh across the top of the logo and Russian across the bottom. In terms of money, every diocese is it's own financial entity. You also These funds allegedly represent the proceeds of a May 8, ransom payment to individuals in a group known as DarkSide, which had targeted Colonial Pipeline, resulting in critical infrastructure being taken out of operation. The IOR saw its number of clients decline by 472, from 14,991 clients at the end of 2020 to 14,519 in 2021. Luke 12:1-5. Get briefed on today's top stories with Kim Tisor. 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. When you subscribe to the CNA UPDATE, we'll send you a daily email with links to the news you need and, occasionally, breaking news. Article 219, paragraph 3 of the new curial constitution says: The execution of the financial transactions referred to in 1 and 2 is carried out through the Institute for the Works of Religion, the IOR. The documentation showed Apsa owns properties as investments in upmarket areas of London, Geneva, Lausanne and Paris. They let the Georgia elections go on to get this information, the last puzzle piece that absolutely shows foreign interference. Vatican prosecutors are looking into other questionable real estate deals at the Secretariat of State, the diplomatic and administrative arm of the Holy See, that have already led to the ouster of one prominent cardinal. 2023 Cable News Network. I also wonder how Pell fits into it. Kaibosch, I dont know anything about this guy, nor have I heard this. In other words, Francis has moved the Vatican Bank from the Secretariat of State, normally headed by an archbishop or a cardinal archbishop, to the Administration of the Patrimony of the Apostolic See, in other words, placing the bankdirectly, for the first time in its chequered history, under the Pope. state of Missouri remark! I say balderdash to that, for as I wrote in Covert Wars and Breakaway Civilizations, Eugene Cardinal Tisserant - incidentally the Cardinal in charge of the Vatican archives at the time - was heavily implicated, in the 1970s, as being involved in a scheme to launder $900 million in fraudulent American corporate securities. 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. Reminds me of when the Vatican actually reviewed a Star wars movie for the first time because they were so upset. 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 UPDATED: TRUMP/QANON AND THE PLAN to free us all!! An image released by the Vatican shows the first hearing in the trial of Angelo Caloia, the former president of the Vatican Bank, in 2018. A lack of oversight had permitted corruption to go unchecked for decades at the Vatican bank, which gained notoriety as a money laundering center. 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. It says Becciu tried to "heavily deflect" the inquiry into Vatican investments, including the London building, and tried to discredit the investigating magistrates via the Italian media. The bank had already pressed charges against two other former managers, who had been found liable for mismanagement in 2018.
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