VATICAN CITY, July 3 (Reuters) - A prominent Italian cardinal was among 10 people sent to trial in the Vatican on Saturday charged with financial crimes including embezzlement, money. 2. ], This brings up the question of what outside power was not involved in the CSA 2020 ELECTIONS. Italian lawmakers reject 'interference' after Vatican protests anti-homophobia law. Quarterly: $30 every 3 months Other funds were later frozen in Mr. Liuzzos Swiss bank accounts. North Korea's foreign ministry on Sunday called on the United Nations to demand an immediate halt to combined military drills by the United States and South Korea, saying they were raising tensions that threaten to spiral out of control. In 2014, Reuters reported that Vatican prosecutors had frozen 16 million in accounts owned by the defendants at the Vatican bank. The scandal resulted in firings and barring entrance to the Vatican of former workers. Anyone can read what you share. President Trump issued an order authorizing the U.S. Treasury to freeze the assets of two former First Families, the Obamas and Clintons. Compiled Mon. Many people spotted this story over the holiday break, and it's worth some commentary. I dont think this reform is as revolutionary as some of the press- such as the Wall Street Journal are making out. (For the record, it's a suspicion I continue to entertain.) and whether he can take the Covidscam useeless anyway mask off to receive communion, or have they dropped that as well as singing in churches due to the Black Plagues Grim Reaper that cannot count to 10 without lying. While DC was distracting everyone, raids in seven cities took place.Antifa false flag sealed the deal with military on Insurrection ActItalyGate / Vatican co. 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. Check out this Jesuit/Dominican rap battle, Abortion doula at Notre Dame speaker series adds to Catholic concern, Vatican bank reports $19 million profit in 2021, Motto and logo of Pope Francis trip to Kazakhstan released, Theologian at Academy for Life claims one may dissent from Church teaching on contraception. Learn how your comment data is processed. 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. 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. The latest instruction also makes clear that bishops cannot take the 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. If Italy is legitimately ratting out a Catholic connection, and this connection has a real trail of evidence, hopefully time will tell. Well done, Dr. Farrell. its hard to out do the Vatican. Kaibosch, I dont know anything about this guy, nor have I heard this. ed bicknell wife; can i take melatonin during colonoscopy prep money seized from vatican 2021. 'Ant-Man and the Wasp: Quantumania' Review. The circumstances of his death, not the least the strange behavior of theCardinal 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 longtime Vatican head of security had to resign over the affair. 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. The station's tweet about the story was shared more than 5,000 times and led to some people questioning why the money was seized. Now, the defendants include Italian financiers, former Vatican financial officials. Francis I has just done: Pope Francis Issues Law Reorganizing Vatican Finances. 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.". But the efforts havent been seamless and Francis has reversed some decisions, leading to confusion, critics say. 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). A quintillion is a billion billions and theres not even that much gold, not to mention money, in the world.. You also He also reportedly asked for the confiscation of 32 million euros ($39 million) already seized from the accounts of Caloia and Gabrielle Liuzzo also at the institute. The indictment request said Mincione had tried to deceive the Vatican, which in 2018 tried to end the relationship. This story has been updated to correct the the number of years that Caloia was president of IOR. 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. 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. That crisis was in the process of being solved through a Global Currency Reset that has been in the works for over twenty years. Father Juan Antonio Guerrero Alves, head of the Vaticans secretariat for the economy (SPE), told the official Vatican News website that the building would be sold soon. The length of the tunnel was given as approximately 1,500 miles, so it cuts . The court on Thursday ordered that the funds at the Vatican bank be seized. Nearly half of its clients in 2019 were religious orders. The industry leader for online information for tax, accounting and finance professionals. The Pontifical Academy for Life has published an interview with a theologian who says Catholic teaching on contraception is open for theological discussion, within the Church, and even the possibility of dissent.. As of 2021, it looked after 5.2 billion euros ($5.6 billion) of client assets. WASHINGTON - The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. Former president of the IOR Vatican bank, Angelo Caloia is pictured during a court hearing on embezzlement charges at the Vatican. 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. The Vatican has set the trial date for 10 people, including Cardinal Angelo Becciu, on charges related to the Holy See's 350 million euro investment in a luxury London real estate venture. Over 9.5 Million Counterfeit Pills Have Been Seized in Arizona since January 2021 Nearly 1.7 Million Fentanyl Pills & 10 KG of Fentanyl Powder Seized PHOENIX - As U.S. overdose deaths reach a devastating new height, claiming a new victim every five minutes, the Drug Enforcement Administration has revealed a direct link between fentanyl-related . Valentina Di Donato reported from Rome. 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. CTRL + SPACE for auto-complete. Well done. 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. But the indictment request said much of it was used for "personal benefit", including the purchase of luxury goods. 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. go marching out [removed]. 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 Vatican's chief prosecutor, Gian Piero Milano, When asked about the hundreds of millions redirected from an account set up to help the poor, Pope Francis, Have a news tip? THE QUADRUPLE ENTENTE: INDIA, JAPAN, AND HIGH SPEED RAIL, NEWS AND VIEWS FROM THE NEFARIUM JAN 7 2021 , 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. Vatican extends secretive deal with China on appointing bishops. You are not signed in as a Premium user; you are viewing the free version of this program. [sung to the tune of Where Oh Where Has My Little Dog Gone?] 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. "The law enforcement officers of our major drug interdiction task forces are guardians on the wall, protecting Ohioans from overdoses and death by seizing narcotics before they are distributed into our communities," Yost said . Real estate holdings published for first time show it owns 4,051 properties in Italy, 1,120 abroad. Pope Francis is establishing an emergency fund to supposedly aid victims of the Wuhan virus. We provide news about the Church and the world, as seen through the teachings of the Catholic Church. (Video: Sarah Hashemi, Luis Velarde . 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. CNN Sans & 2016 Cable News Network. An Italian woman who worked for him was charged with embezzlement and the cardinal's former secretary, Father Mauro Carlino, was accused of extortion. The Vatican abhors a Mickey Mouse evil. 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. Two Italian brokers, Gianluigi Torzi and Raffaele Mincione, were charged with embezzlement, fraud and money laundering. Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new . 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. But I suspect it augurs something entirely different, and far more ominous, namely, the final capture of the papacy by "the high financial cabal". Saturdays indictment also targets Ren Brulhart, former president of the Vaticans Financial Information Authority, and Tommaso di Ruzza, its former director, as well as four companies from the US, Slovenia and Switzerland. That the current Pope would sell out the Vatican is like saying the current Washington DC would sell out the American people. Caloia was president of the bank known as Institute of Works of Religion (IOR) from 1989 to 2009. The Vatican Bank has once again been in the eye of a storm of scandal. In a document issued Dec. 28, the pope formalized the transfer of financial responsibilities from the Vaticans Secretariat of State to the Administration of the Patrimony of the Apostolic See (APSA), which functions as the Holy Sees treasury and sovereign wealth manager. Oops! 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 The Vaticans net assets in 2019 were worth roughly 4 billion euros, or about 4.7 billion U.S. dollars, not including the Vatican bank or the Vatican museums, according to Reuters. 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 . The bank had already pressed charges against two other former managers, who had been found liable for mismanagement in 2018. But thats nothing compared to what Jorge Cardinal Bergolio a.k.a. That was the first major step in taking down the Cabal by way of the people taking back the world monetary system. I am astonished, Fabrizio Lemme, who defended Mr. Liuzzo, said of the verdict. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Broadly, the 2018 amendment expanded the criminal responsibility of Vatican officers and dependent employees who are "sufficiently informed about exposure to risk of money laundering and terrorism financing . Deadline on June 28, 2021 . Updated She has said on Italian television that the money, sent to her company in Slovenia, was to ransom kidnapped missionaries in Africa. To draw a somewhat clumsy analogy, this is akin to President Kennedys 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. Thursdays case involved the sale of 29 buildings, mostly in Milan and Rome. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. Obviously murdered. Francis I has just done: Pope Francis Issues Law Reorganizing Vatican Finances. According to the indictment request, Becciu is charged with five counts of embezzlement, two of abuse of office, and one count of inducing a witness to perjury. (File Photo/CNA). The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. (Photo by Vincenzo PINTO / AFP) (Photo by VINCENZO PINTO/AFP via Getty Images). SGT Report is your daily source for truth in a time of universal deceit. Though lawyers will quibble, the status of the latter seems to be in practice unchanged. Cancel at any time to avoid future At Catholic News Agency, our team is committed to reporting the truth with courage, integrity, and fidelity to our faith. The Vatican bank has long been plagued by financial scandals. Not about the the good guys. A third person, a senior manager at the Vatican bank, had also been placed under investigation but died in 2015. . Claims are it hasnt hit here yet because Italy is a NATO ally. 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." Oh Where Oh Where can He/She/It/Preferred Personal Pronoun Be? SGT Report is the corporate propaganda antidote. But I did hear an interesting item related to Vatican involvement from another source. Get briefed on today's top stories with Kim Tisor. It has been accused of money laundering and lack of due diligence in allowing non-religious, and even crony, businessmen to . Nearly 60% of all fake money seized in the year 2021 were of 2,000 denomination, the Crime in India 2021 report compiled by the National Crime Records Bureau (NCRB) shows. Discovery Company. 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. Prosecutors argued that part of the money had been recycled in Switzerland with the assistance of Mr. Liuzzos son, Lamberto, who was sentenced Thursday to five years and two months in prison and fined 8,000 for money laundering. Our Standards: The Thomson Reuters Trust Principles. Jan. 21, 2021 ROME A Vatican court on Thursday convicted a former senior official at the Vatican bank and his lawyer of embezzlement and money laundering, sending a strong signal that the. Have to tread lightly, Italy is a NATO ally. Vatican laws require the Pope to sign off on any investigation and indictment of a cardinal. 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. Her cellphone was not connected. 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 . The Holy See budget includes the central administration of the Roman Catholic church, known as the Curia, that oversees the governing of the 1.3 billion-member worldwide church, its global diplomatic representations and media operations.