Vatican bank charged with money-laundering

The Bank of the Vatican has been accused of laundering USD 200 million by proxy through an Italian creditor, a report indicates.


The allegation of the Vatican bank's financial corruption has been made by an Italian magazine that pointed to the financial institute's purported involvement in stealth fiscal transactions —via several accounts —with Italy's UniCredit Bank, Russia Today television network quoted the Panorama magazine as reporting.

“This corruption is continuing on a regular basis in the Vatican,” claimed Janathan Levy, a lawyer familiar with the bank.

“Again, there's no reason for a religion to have a bank that does worldwide commercial activities, dealing in gold, dealing in insurance, dealing in property and then hiding behind the Roman Catholic Church," Levy pointed out. ... >>>Continued Below Video

Un-Related?

The Vatican's Banker


For full screen go to Google

“I had the privilege to walk inside this bank. It's nothing like a bank,” the Russian news channel quoted another lawyer, Massimiliano Gabrieli, as saying.

“If you go there you deposit or withdraw money without limit, without any kind of receipt for the bank and for the client. All you have is a single card with a number,” he stated.

The British London Telegraph, has recently ranked the Bank of the Vatican ahead of the Bahamas, Switzerland and Liechtenstein in banking secrecy.

The Vatican has denied all charges.

Source: Press TV, Jan 24 2010

Views: 30

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted a blog post
22 minutes ago
Doc Vega posted blog posts
5 hours ago
Doc Vega commented on Doc Vega's blog post In Disarray
"cheeki kea Thanks for your support! "
9 hours ago
Burbia commented on Burbia's photo
13 hours ago
Burbia commented on Burbia's video
Thumbnail

IT’S OVER! Trump OBLITERATES IRS as Social Security Just Changed FOREVER!

"The IRS has lost almost one-third of its tax auditors after 2 months of DOGE cuts, report…"
21 hours ago
Burbia posted videos
23 hours ago
cheeki kea favorited Doc Vega's blog post In Disarray
yesterday
Burbia commented on Burbia's photo
Thumbnail

What's in Macron's hand? Cocaine bag?

"Russian Spokesperson Maria Zakharova Responds to Macron, Merz, and Starmer’s…"
yesterday
rlionhearted_3 favorited cheeki kea's photo
yesterday
rlionhearted_3 commented on cheeki kea's photo
Thumbnail

remember those days..

"True Story "
yesterday
Doc Vega favorited cheeki kea's photo
yesterday
Doc Vega commented on cheeki kea's photo
Thumbnail

remember those days..

"Ha ha Good one and just about the truth! "
yesterday
Less Prone favorited Burbia's photo
yesterday
tjdavis posted a photo
yesterday
cheeki kea commented on rlionhearted_3's status
"Keep the posts coming lionhearted they are all arrive in good form at least in my lonely corner of…"
Sunday
cheeki kea commented on rlionhearted_3's status
"I'll try this..."
Sunday
cheeki kea commented on Burbia's photo
Thumbnail

What's in Macron's hand? Cocaine bag?

" Perhaps a tissue he's used to wipe his nose could be a possibility. Seems what ever it…"
Sunday
rlionhearted_3 commented on Burbia's photo
Thumbnail

What's in Macron's hand? Cocaine bag?

"I’m wondering if anyone on this site has seen anything I’ve ever posted?"
Sunday
Burbia commented on Burbia's photo
Sunday
Burbia commented on Burbia's photo
Thumbnail

What's in Macron's hand? Cocaine bag?

"Macron picks up white powdery substance next to glass of water"
Sunday

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted