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Lars77 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 12:33 PM
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Vatican Bank 'allowed clergy to act as front for Mafia'
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Source: The Independent

The Vatican Bank is under new scrutiny in a case involving money-laundering allegations that led police to seize 23m (19.25m) in September.

The Vatican calls the seizure of assets a "misunderstanding" and expresses optimism it will be quickly cleared up. But fresh court documents show that prosecutors say the Vatican Bank deliberately flouted anti-laundering laws "with the aim of hiding the ownership, destination and origin of the capital". The documents also reveal investigators' suspicions that clergy may have acted as fronts for corrupt businessmen and Mafia.

The documents pinpoint two transactions that have not been reported: one in 2009 involving the use of a false name, and another in 2010 in which the Vatican Bank withdrew 650,000 from an Italian bank account but ignored bank requests to disclose where the money was headed.

The new allegations of financial impropriety could not come at a worse time for the Vatican, already hit by revelations that it sheltered paedophile priests. The corruption probe has given new hope to Holocaust survivors who tried unsuccessfully to sue in the United States, alleging that Nazi loot was stored in the Vatican Bank.

Read more: http://www.independent.co.uk/news/world/europe/vatican-...
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  -Vatican Bank 'allowed clergy to act as front for Mafia' Lars77  Dec-15-10 12:33 PM   #0 
  - How long will "the faithful" willingly serve these con artists? How many more...  polichick   Dec-15-10 12:35 PM   #1 
  - Mr Winkie about to "Peek Out"  saigon68   Dec-15-10 12:40 PM   #3 
     - LOL - and neither one could be trusted. nt  polichick   Dec-15-10 12:42 PM   #4 
  - I thought this was a forum for Late Breaking News?  hedgehog   Dec-15-10 12:36 PM   #2 
  - LOL So what else is new?  Javaman   Dec-15-10 12:45 PM   #5 
  - The needle on my surprise-o-meter  truthisfreedom   Dec-15-10 12:48 PM   #6 
  - no shock here - Dan Brown and many before him rip the Vatican  katty   Dec-15-10 12:54 PM   #7 
  - at high levels, the crooks & the respectable leaders are partners everywhere on the globe.  Hannah Bell   Dec-15-10 01:04 PM   #8 
  - Proving again that the Vatican has Republicon Family Values  SpiralHawk   Dec-15-10 01:05 PM   #9 
  - they have been doing this for centuries  madrchsod   Dec-15-10 01:12 PM   #10 
  - And the biggest con imo - I'm amazed there is a single Catholic left on this earth. nt  polichick   Dec-15-10 01:30 PM   #11 
  - No, really?  davidthegnome   Dec-15-10 02:06 PM   #12 
  - ...and Godfather III got universally panned WHY?  dogknob   Dec-15-10 02:31 PM   #13 
  - "We are not Crooks -- !!!" ......  defendandprotect   Dec-15-10 04:34 PM   #14 
  - recommend  TexasObserver   Dec-15-10 04:36 PM   #15 
 

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