Vatican Bank

Money-grubbing Mother Teresa kept Vatican Bank afloat – journalist

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– Money-grubbing Mother Teresa kept Vatican Bank afloat – journalist:

RT

Fri, 10 Nov 2017 09:30 UTC
 
 Mother Teresa had such huge savings in the Vatican Bank that if she had withdrawn her funds the institution could have defaulted, according to an Italian journalist.

Gianluigi Nuzzi’s newly-released book, ‘The Original Sin,’ digs into the Vatican’s darkest secrets and details how, when American archbishop Paul Marcinkus was appointed president of the Vatican Bank, Mother Teresa was believed to have “by far the most cashed up account.”

“If only Mother Teresa had closed the accounts or transferred them, the institute would have risked default,” Nuzzi writes, La Presse reports.

Read moreMoney-grubbing Mother Teresa kept Vatican Bank afloat – journalist

The Crash: Coming Into Focus (Veterans Today)

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FYI.

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– The Crash: Coming into Focus (Veterans Today, March 28, 2015):

Among the fabricated rumors, real intel inquiries emerge

by  Gordon Duff,  with VT Resources

vatican-scandal
“You just can’t make this stuff up!”

Intelligence regarding the unintended altitude loss with incumbent loss of life related to Lufthansa 9525 from Barcelona to Dusseldorf is coming to light. 

The plane may have been downed to end an investigation of massive banking fraud died to the CIA, Mossad, Crypto AG, Siemans and the Vatican Bank. 

This event also gives us need to take a new look at the downing of Pan Am flight 103 over Lockerbie, Scotland in 1988. In the world of fax machines, Crypto AG had developed a hardware hack that created a backdoor on all encrypted fax communication, giving their “clients” virtual control of not only the world banking system but almost all diplomatic correspondence as well.

Read moreThe Crash: Coming Into Focus (Veterans Today)

Pope Francis Fires All But One Cardinal Running Vatican Bank

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– Pope Francis fires all but one cardinals who run Vatican bank just 11 months into their five-year term (Daily Mail, Jan 16, 2014):

  • The cardinals were appointed by Benedict XVI shortly before he resigned
  • The Vatican bank was caught in a money-laundering row in 2010

All but one of a five-member panel that oversees the controversial Vatican bank has been fired by Pope Francis.

Four cardinals were given their marching orders by Francis on Wednesday.

Read morePope Francis Fires All But One Cardinal Running Vatican Bank

Report: Vatican Bank Facilitated Money Laundering

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– Vatican Bank facilitated money laundering, report says (PressTV, July 8, 2013):

Italian investigators have said the Vatican Bank operated in a way that facilitated money laundering, according to a leaked inquiry.

The disclosed report followed a three-year inquiry into the bank, officially known as the Institute for the Works of Religion (IOR), and was recently quoted by two Italian newspapers, Corriere della Sera and La Repubblica.

According to the report, IOR did not carry out enough checks on its clients and the bank allowed account holders to transfer large sums on behalf of others.

“There is a high risk that the way the IOR operates, without specifying its real clients, can be used as a screen to hide illegal operations,” the report read.

Read moreReport: Vatican Bank Facilitated Money Laundering