Running from Vatican City, and deep underground, there is a tunnel that runs almost in a direct line to Jerusalem. Signup for our newsletter to get notified about our next ride. 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). Drug Interdiction Task Forces Seize Over $42 Million in Narcotics in This story has been updated to correct the the number of years that Caloia was president of IOR. Heres Simon Parkes (Connecting Consciousness) latest update from his insider intel, on this very thing being uncovered and acted upon militarily with respect to election interference. Recent Comments Chickenlegs on Inspector General Probes Butti 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. You also Francis I has just done: Pope Francis Issues Law Reorganizing Vatican Finances. Each man will also have to pay fines and are banned from public office in perpetuity, according to a press release from the Vatican. NDOC is behind a bill that would realign priorities for distribution of money seized from inmate accounts, including wages and money deposits from friends and family. The Covid-19 pandemic hit Vatican revenues hard in 2020. Former Clinton stooge on the board, & Profumo, who got in trouble with the banks. Nearly half of its clients in 2019 were religious orders. 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. is there no end to the hands in the cookie jar? The defendants Angelo Caloia, the president of the Vatican bank for two decades, and his onetime lawyer Gabriele Liuzzo had been accused of embezzling millions of euros through shady real estate deals between 2002 and 2007. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. appreciated. Took place at American Embassy on Vio Veneto, in concert w/American consulate in Frankfurt. This past Friday a Maltese court ordered $32 million in assets belonging to the Vatican Bank be seized. The IORs net profit is down from $44 million in 2020. The Vatican abhors a Mickey Mouse evil. One can only laugh at such articles, whats so wrong that the Indian govt wants to vaccinate their people first. As part of this free service you may receive occasional offers from us at EWTN News and EWTN. All DS gold has already been seized (Vatican etc) Wall Street, Washington DC, Vatican and City of London all DEAD . Liuzzos son, Lamberto Liuzzo, age 55, was handed a five years, two month term. Well done, Dr. Farrell. A lack of oversight had permitted corruption to go unchecked for decades at the Vatican bank, which gained notoriety as a money laundering center. 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. Some Republicans have . vatican assets seized 2021 - Los Feliz Ledger 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. Former Vatican Banker Convicted of Money Laundering and Embezzlement, https://www.nytimes.com/2021/01/21/world/europe/vatican-bank-embezzlement.html. The Vatican bank has long been plagued by financial scandals. Pandora Papers: Russia, Lebanon and Ukraine among countries dismissing In a new report MONEYVAL encourages the Holy See (including the Vatican City State) to further strengthen measures to combat money laundering and financing of terrorism. Drugs, Guns and Money Seized - PA Office of Attorney General For the Vatican bank, the important thing was to have justice, and to have the truth emerge, he added. Posted on May 5, 2021 Crown wants drug money seized. Release Date. A quintillion is a billion billions and theres not even that much gold, not to mention money, in the world.. He said last month that the CIA director was in gitmo and US military were in Germany seizing servers. 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. 100. worldwide. As of 2021, it looked after 5.2 billion euros ($5.6 billion) of client assets. Military seized the Vatican gold and killed 13 families of the Italian Casarean Jesuits, knights of Malta leaders. Carlino's lawyer said his client was innocent, had been "acting under orders", and had saved the Vatican millions of euros. go marching out [removed]. 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 . (Personally, re Eisenberg, I am wondering if Trump has had it in for this guy for awhile. The 30-page Apsa budget showed it owns 4,051 properties in Italy and about 1,120 abroad, not including its embassies around the world. The seizure by the Met's economic. 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. 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. 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. Also in 2021, OOCIC task forces seized 7,906 opioid pain pills and 1,205 other prescription pain pills. Vatican low on reserves to cover deficit, seeking donations The US Corporate government seeks to roll over its payments past the deadline. Cannizzaro challenges prison director on inmate money seizures and protect evils bad name? According to its annual report, the financial institutions $19 million net profit in 2021 was also down from $44 million in 2020 and $46 million in 2019. Angelo Becciu said he is a victim of a "conspiracy" against him and maintained his innocence. Police Search Uncovers 600,000 Cash in Vatican Official's Home Mr. Caloia, who served as bank president between 1989 and 2009, is the highest-ranking Vatican official to be convicted of a financial crime. Hard-hitting news and analysis through an authentic Catholic lens. 'You Cannot Serve Both God And Money': Vatican's Financial Scandal The 81-year-old was handed an eight year, 11 month jail term on Thursday, making him the highest-ranking Vatican official to be convicted of a financial crime. US Corporations' September 30th fiscal payment deadline Sep 30, 2023 USA Each year around that time, as the payment deadline approaches, we see all sorts of maneuvers. The Secretariat of State is known to have had accounts in Swiss financial institutions, including Credit Suisse, through which the controversial London building investment was initially carried out. Thursdays case involved the sale of 29 buildings, mostly in Milan and Rome. The verdict was rendered in a climate that is not especially favorable toward those who have to defend themselves, Mr. Caloias lawyer, Domenico Pulitan, noted in a statement. 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. Many people spotted this story over the holiday break, and its worth some commentary. In terms of money, every diocese is it's own financial entity. 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). I am astonished, Fabrizio Lemme, who defended Mr. Liuzzo, said of the verdict. 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. its hard to out do the Vatican. 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. She has said on Italian television that the money, sent to her company in Slovenia, was to ransom kidnapped missionaries in Africa. Our Standards: The Thomson Reuters Trust Principles. (RELATED: Was Pope Francis Arrested On Charges Including Human Trafficking And Fraud). Four companies associated with individual defendants, two in Switzerland, one in the United States and one in Slovenia, were also indicted, according to the document. The claim is false, Fr. The pope personally gave the required approval last week for Becciu to be indicted, according to a 487-page indictment request seen by Reuters. Did Trump Sign an Executive Order to Seize the Assets of Clinton and Obama? Fr Guerrero: "The Holy See reduces costs, not its mission" 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. 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. The 81-year-old was handed an eight year,. 12:31 PM EST, Fri January 22, 2021. The Taliban has seized scores of American weapons and military equipment from Afghan security forces as the terrorist group accelerates its takeover following the withdrawal of U.S. forces from the country. How the Vatican plans to make and spend its money in 2022and be more But that's nothing compared to what Jorge Cardinal Bergolio a.k.a. The Red Party of the east, foreign servers overseas, infiltration, and other sources still under investigation in the top portion of your list. The sound you are hearing is that of a standing ovation. Does ChatGPT get Catholics? 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). 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. What. Begs one question of what that list of donors of wealth, access, and military might look like. SGT Report is your daily source for truth in a time of universal deceit. Home of the Giza Community and Dr. Joseph P. Farrell. state of Missouri remark! The Matrix Revealed: Cartels That Run The World, 6G: Critical Information You Need To Know, US Army Secretary Says US Preparing to Win a War With China Over Taiwan. Pope Francis instructs Vatican entities to move all funds to Vatican bank SGT Report is the corporate propaganda antidote. Former Vatican Banker Convicted of Money Laundering and Embezzlement 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. Bruelhart said in a text message that he had "always carried out my functions and duties with correctness" and that "the truth about my innocence will emerge". Nearly half of its clients in 2019 were religious orders. Former president of the IOR Vatican bank, Angelo Caloia is pictured during a court hearing on embezzlement charges at the Vatican. And. POPE FRANCIS SEIZES VATICAN BANK - gizadeathstar.com 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. Vatican judge orders cardinal and nine others to stand trial for alleged financial crimes, Original reporting and incisive analysis, direct from the Guardian every morning. Sistine Chapel Choir Embroiled in Fraud, Embezzlement Scandal, Vatican Bank Head Jailed for Embezzlement, Why Catholicism Is the Only Authentic Expression of Christianity. A search of press releases from the Vatican, as well as theVatican News website turned up no reports of gold being seized. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. Biden's decision to allocate $3.5 billion for compensating 9/11 victims' families has sent teams of lawyers scrambling. Cardinal Giovanni Angelo Becciu was indicted for the crimes of embezzlement, abuse of office and bribery, the Vatican added. That the current Pope would sell out the Vatican is like saying the current Washington DC would sell out the American people. 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. Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank. The text, entitled A better organization and released in Italian, also set out new regulations for the oversight of Peters Pence, an annual worldwide collection supporting the popes mission. 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". 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. Have a news tip? For someone wanting to get to the bottom of the financial swamp that is the Vatican Bank, this was not an auspicious beginning. Heres the crux (not to coin a pun) of it: Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals. 2023 Cable News Network. Christian. Answer (1 of 36): The Church's greatest wealth are her poor. Published Jul. Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new . Massive amounts of artifacts & art works, all kinds of things. It's time to understand DEATH as an ILLUSION! The Institute for Religious Operations, otherwise known as the Vatican Bank, has long been a sore spot in the Vaticans image in the world. 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. I say balderdash to that, for as I wrote inCovert 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 $900millionin fraudulent American corporate securities. Analyzing Republican Attacks on Biden for Increase in Fentanyl Seized In December of that year, after an audit by external financial consultants, the bank flagged a series of suspicious real estate transactions to Vatican prosecutors, leading to the case that culminated Thursday. Loved your, I live in a constant UPDATED: LIST OF INDICTMENTS, ARRESTS AND EXECUTIONS!! 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. 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. IRS has seized $1.2 billion worth of cryptocurrency this year - CNBC Report: Vatican seeks eight-year jail sentence for ex-Vatican bank Here's the crux (not to coin a pun) of it: Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals. Last modified on Tue 13 Jul 2021 04.40 EDT Metropolitan police detectives investigating international money laundering have seized nearly 180m of bitcoin. The indictment request said Mincione had tried to deceive the Vatican, which in 2018 tried to end the relationship. All Rights Reserved. The Vatican released its most detailed-ever financial figures on Thursday, acknowledging it might have been swindled before but promising the faithful who have been shocked by money scandals that . The dome of St. Peter's Basilica is pictured through the colonnade at the Vatican Jan. 26, 2022. Lawyers and Lobbyists Fight for Slice of Afghanistan Money - The Intercept 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 documentation showed Apsa owns properties as investments in upmarket areas of London, Geneva, Lausanne and Paris. (Provided by . Time will tell. 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.. The Vatican's so-called "financial watchdog" monitors all Vatican financial operations and ensures they conform with international norms against money-laundering and the financing of terrorism. Vatican indicts 10 people, including a cardinal, over an - CNN 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. Becciu continued to have influence over money transfers at the Secretariat even after he left the post, the document said. Their snooping actually draws cycle time from processing thats actually noticeable. But the efforts havent been seamless and Francis has reversed some decisions, leading to confusion, critics say. More Gold Than You Can Imagine Found in the Tunnel Fighting Seizures by U.S. Secret Service - Sammis Law Firm After all, Francis has made no secret he's fully on board with that agenda. Reminds me of when the Vatican actually reviewed a Star wars movie for the first time because they were so upset. "The operational statistics for . GOLD SEIZED FROM THE VATICAN | Conspiracy Daily Update Although having the fox guarding and/or auditing the henhouse is just plain fun; an in-your-face crooked wink to themselves. Restored Republic via a GCR: Update as of March 1, 2023 Oh Where Oh Where can He/She/It/Preferred Personal Pronoun Be? A joint operation, between Roman and British intelligence, to deliver the deliverer, becomes a psyop. The Vatican Bank: The Most Secret Bank In the World - Forbes It turned to Torzi for help in buying up the rest of the building, but later accused him of extortion. There is no evidence that $34 quintillion in gold has been taken from the Vatican to be given to the people.. ", When asked about the hundreds of millions redirected from an account set up to help the poor, Pope Francis defended the transactions as "good administration.". Discovery Company. They are charged with financial crimes including embezzlement, money laundering, fraud, extortion and abuse of office. 9 Aug. 2021 12:01 am EST by Judy Byington, MSW, LCSW, Therapist ret, Journalist, Author, "Twenty Two Faces: inside the extraordinary life of Jenny Hill and her twenty two multiple personalities.". UPDATED: TRUMP/QANON AND THE PLAN to free us all!! The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Zamira Rahim wrote in London. The court also ordered the confiscation of sums totaling approximately 38 million euros from the defendants, the Vatican said in a statement accompanying the sentence, which the press office of the Holy See released shortly after the court ruling.