MONEY LAUNDERING AT VATICAN BANK
Is The Vatican A Criminal Enterprise?
http://www.vaticanbankclaims.com/
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According to the London Telegraph, the Vatican is the main destination for over $75 billion in illegal Italian money laundering and the number 4 destination worldwide for laundered money, ranked well ahead of such offshore havens as the Bahamas, Switzerland, and Liechtenstein.
In a recent report by the London Telegraph and the Inside Fraud Bulletin, the Vatican was named as a top money laundering country along with the offshore banking centers of Nauru, Macao, and Mauritius. The secrecy at the Vatican makes it is all but impossible to trace laundered funds back to their source.
The Vatican Bank is desperately resisting a legal action for an accounting of stolen World War II assets in a San Francisco Federal court filed by Serb and Jewish Holocaust survivors. Contrary to the above reports, a declaration filed under penalty of perjury by the Vatican Bank’s attorney states that the Vatican Bank’s purpose is to promote pious acts and that its depositors are essentially limited to Vatican state employees, members of the Holy See, religious orders, and persons who deposit money destined, at least in part, for works of piety. Stevens also declared to the court that the Pope controls the Vatican Bank and that bank records are not retained after ten years.
It seems that the Vatican Bank, a major illegal money laundering operation, is hiding behind the benign image of John Paul II. Given the Vatican Bank’s alleged involvement with Nazi loot and current links to organized crime, a reckoning cannot be far off. The accumulating evidence points to a more CRIMINAL than PIOUS Vatican Bank.
In a recent report by the London Telegraph and the Inside Fraud Bulletin, the Vatican was named as a top money laundering country along with the offshore banking centers of Nauru, Macao, and Mauritius. The secrecy at the Vatican makes it is all but impossible to trace laundered funds back to their source.
The Vatican Bank is desperately resisting a legal action for an accounting of stolen World War II assets in a San Francisco Federal court filed by Serb and Jewish Holocaust survivors. Contrary to the above reports, a declaration filed under penalty of perjury by the Vatican Bank’s attorney states that the Vatican Bank’s purpose is to promote pious acts and that its depositors are essentially limited to Vatican state employees, members of the Holy See, religious orders, and persons who deposit money destined, at least in part, for works of piety. Stevens also declared to the court that the Pope controls the Vatican Bank and that bank records are not retained after ten years.
It seems that the Vatican Bank, a major illegal money laundering operation, is hiding behind the benign image of John Paul II. Given the Vatican Bank’s alleged involvement with Nazi loot and current links to organized crime, a reckoning cannot be far off. The accumulating evidence points to a more CRIMINAL than PIOUS Vatican Bank.
