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On 20 December 2017, President . 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. Required fields are marked *. Your effort and contribution in providing this feedback is much He said last month that the CIA director was in gitmo and US military were in Germany seizing servers. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Latest checked 2011 [1] The Church of Jesus Christ of Latter-day Saints. Because they represent evil? A Warner Bros. 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. What is behind the Vatican's London real estate scandal? The Vatican Bank: The Most Secret Bank In the World - Forbes One building, in Londons South Kensington, led to enormous losses after it was bought by the Vaticans secretariat of state as an investment in 2014. (Photo by Tiziana FABI / AFP) (Photo by TIZIANA FABI/AFP via Getty Images). Signup for our newsletter to get notified about our next ride. 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. Published Jul. 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. So did the Pope take over the bank to hide the money moving to fund this? 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.. Giza Community is a community of speculation, commentary, and opinion on current events, history, humanities, the sciences, and the works of Dr. Joseph P. Farrell. The forecast is a deficit of almost 50 million euros, but it would have become 80 million euros if there had been no Peter's Pence. Thought I saw where Loefflers husband (Ga. senator) owns NYSE. The Institute for Religious Works, or 'Vatican bank'. The ruling by the Vatican court signaled the churchs desire to get its financial house in order following past scandals. Click the button below. According to Francis rescript, financial and liquid assets held in banks other than the IOR must be moved to the Vatican bank within 30 days of Sept. 1, 2022. There are bits and pieces from international involvement thats difficult to pin down but other bytes quite active. Lawyers for the defendants said they have appealed the ruling, noting that the stern sentences were handed down at a time when the Vatican is intent on sending a public message. The former head of the Vatican bank, Angelo Caloia, has been sentenced to nearly nine years in prison for money laundering and aggravated embezzlement. See here for a complete list of exchanges and delays. Well done. "The operational statistics for . 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. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window). Newsroom - Council of Europe As Rome continues to look like a ghost town, many are wondering after the Wuhan virus has passed, precisely how the plague of financial corruption inside the Vatican will be addressed and how they can trust that this latest appeal for cash will reach its intended target. Fr Guerrero: "The Holy See reduces costs, not its mission" Becciu, who once held a powerful position in the Vaticans Secretariat of State, said on Saturday in a statement he is a victim of a conspiracy against him and maintained his innocence. The financial transactions described in paragraphs 1 and 2 of article 219 are the administration and management of the Holy See's real estate and movable assets and entities entrusting their assets to the Holy See. Your monthly donation will help our team continue reporting the truth, with fairness, integrity, and fidelity to Jesus Christ and his Church. The Vatican equivalent of FASAB 56, taking the finances from badly obfuscated to totally dark? Conscious that the Vaticans moral authority and financial stability were at risk, as well as its unfettered access to the global financial system, Pope Benedict XVI undertook reforms that have accelerated under Pope Francis. 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 . 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. I searched for Wikipedia page, someone whose first language is not English posted a lot of stuff about his being a traitor, see if it comes up for you. 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. POPE FRANCIS SEIZES VATICAN BANK - gizadeathstar.com Premium users have access to full-length programs with limited commercials and receive a 10% discount in the store! On Dec. 7, 2021, a Dallas, Texas, television station published a story about a K-9 officer that helped police seize a bag with more than $100,000 at the Love Field Airport. In terms of money, every diocese is it's own financial entity. She grew up in Omaha, Nebraska, and has a degree in English from Truman State University in Missouri. Providing exclusive original content and interviews with some of the best known voices in the world of economics and precious metals. The popes rescript, issued Aug. 23, clarifies the interpretation of a paragraph in the new constitution of the Roman Curia, Praedicate Evangelium, promulgated in March. Two Italian brokers, Gianluigi Torzi and Raffaele Mincione, were charged with embezzlement, fraud and money laundering. Christian. Vatican Criminal Law and Recent Money Laundering Cases 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. Real estate holdings published for first time show it owns 4,051 properties in Italy, 1,120 abroad. More recently, suspicious 1.8 billion dollar transactions have apparently taken place between the Vatican and Australia, prompting one Vatican spokesman to state that the Vatican simply doesnt have that kind of money laying around. About 75 pages of the document are dedicated to Becciu. [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. Did you encounter any technical issues? 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. Becciu allegedly used money from the Vatican to benefit his two brothers businesses, according to a detailed report by Vatican News, which is what led the Pope to fire the cardinal last year. As I often state in matters such as this, I live in the constant State of Missouri: show me the evidence. Took place at American Embassy on Vio Veneto, in concert w/American consulate in Frankfurt. Magistrates during the trial of Angelo Caloia (not in picture) on January 21. 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 prosecution wants the money Jabari Jaleel Kirton admitted he had made from selling drugs, confiscated. Such lies they create. Our ambassador to Italy is one Lewis Eisenberg, worked at Goldman Sachs, chairman of NY Port Authority during 9/11, helped Silverstein get lease on Towers. I also wonder how Pell fits into it. Becciu, 73, whom the pope fired from his senior clerical post last year for alleged nepotism, and who has always maintained his innocence during a two-year investigation, becomes the most senior Vatican official to be charged with financial crimes. 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. WASHINGTON U.S. Customs and Border Protection today released agency statistics for Fiscal Year 2021 covering all major areas of operations, including international travel and trade, forced labor enforcement, drug seizures, and national border encounter statistics. In 2010, Italian authorities seized 23 million ($30 million) from a Vatican account at Italy's Credito Artigiano Spa, following allegations that IOR violated anti-money-laundering laws . In 2014, the Secretariat of State invested more than 200 million euros, much of it from contributions from the faithful, in a fund run by Mincione, securing about 45% of a commercial and residential building at 60 Sloane Avenue in London's South Kensington district. Also in 2021, OOCIC task forces seized 7,906 opioid pain pills and 1,205 other prescription pain pills. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The industry leader for online information for tax, accounting and finance professionals. Being a Covax pushing Jesuit (means poison in Martian) Pope they just dont want people Anagramming the Vatican Institute for Religious Operations, or VIRO on their Covax poison funding laundering. leonardo, vatican funding, congressional laptops, texas command location, double fake media. [sung to the tune of Where Oh Where Has My Little Dog Gone?] 2. Zamira Rahim wrote in London. 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. Have to tread lightly, Italy is a NATO ally. 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). The charges against Becciu include embezzlement and abuse of office. 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. Brazil's Bolsonaro denies illegal acts with seized jewelry Money Seized at the Airport in Miami, FL - Sammis Law Firm Prosecutors said the defendants had sold the buildings at a price much lower than the market value, receiving the difference in cash, which the prosecutors estimated at 59 million, and appraisers later estimated at 34 million. Have a news tip? Pope Francis is establishing an emergency fund to supposedly aid victims of the Wuhan virus. (Video: Sarah Hashemi, Luis Velarde . One whistleblower estimated it at $200 billion. Now, when it comes to intrigue; Military seized the Vatican gold and killed 13 families of the Italian Casarean Jesuits, knights of Malta leaders. Your email address will not be published. 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. Biden's decision to allocate $3.5 billion for compensating 9/11 victims' families has sent teams of lawyers scrambling. On 16 February, Pope Francis approved the Holy See's 2021 budget proposed by the Secretariat for the Economy and approved by the Council for the Economy. Vatican ", He added: "Additionally, some of the remaining roughly $250 million 200 million in euros appears to have been diverted to either phony legal companies or, at a minimum, fraudulent billable hours to cover for the purchase of the London property.". Doctor Who comes out, in defense of Pontius Pilate, in a hinted footnote. Their snooping actually draws cycle time from processing thats actually noticeable. 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 bank directly, for the first time in its chequered history, under the Pope. Updated Running from Vatican City, and deep underground, there is a tunnel that runs almost in a direct line to Jerusalem. Discovery Company. As part of his reform of the financial sector, Francis in 2014 reconfigured the board of the Vatican bank, hiring a fund manager, Jean-Baptiste de Franssu, to be its new president. 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. To become a paid member, visit member registration. In its ruling Thursday, the court acquitted the defendants on charges involving the sale of some buildings. Can you please provide the Title of the Video so that I can find it? Torzi was arrested in the Vatican in June 2020, and spent a week in custody. Brulhart has called the indictment a procedural blunder and added he always carried out his duties with correctness, loyalty and in the exclusive interest of the Holy See, he said in a statement. And as that system moves increasingly toward more globaloney, expect the same from the Vatican and future popes. The seizure by the Met's economic. Did you encounter any technical issues? 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. 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. When the saints go marching in the trumpet sounds its call. 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 (). Francis I has just done: Pope Francis Issues Law Reorganizing Vatican Finances. HARRISBURG Attorney General Josh Shapiro today announced Operation Family Ties, an 18-month investigation that led to felony drug charges against four Monroeville residents following a raid in which officers seized crack cocaine and cash totaling $18,000. https://www.telegraph.co.uk/global-health/science-and-disease/pharmacy-developing-world-shuts-doors-india-stockpiles-oxford/. Cancel at any time to avoid future After your property is seized, the U.S. Secret Service has 60 days to send you a letter called the "Notice of Seizure" that explains the legal basis for the seizure and forfeiture. Holy See (Vatican City) - The World Factbook - Central Intelligence Agency Report: Vatican seeks eight-year jail sentence for ex-Vatican bank 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. Begs one question of what that list of donors of wealth, access, and military might look like. 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. At the time Becciu said he was accused of embezzlement and proclaimed his innocence during a press conference after effectively being fired by Pope Francis. Then theres Francis, whos right up there in my book along with Innocent III, Boniface VIII, and Pius I-am-Tradition IX for reckless expansions of papal power. 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. Completion of that GCR was under authority of the US and world Militaries and dependent upon certain worldwide Events happening. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Drugs, Guns and Money Seized - PA Office of Attorney General The investigation, which started in July 2019, was carried out by the Vatican in cooperation with Italian authorities and revealed "a vast network of ties between financial market operators who. The pope personally gave the required approval last week for Becciu to be indicted, according to a 487-page indictment request seen by Reuters. Torzi, for whom Italian magistrates issued an arrest warrant in April, was also charged with extortion.

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