Vatican Bank Raided in Money Laundering Inquiry

My take is that this is just another step in the efforts to destroy all religions and for the introduction of the "New Age, Mother Gaia, and The Great Global Warming Swindle".


Italian authorities froze nearly £20 million belonging to the Vatican’s bank on Tuesday in an unprecedented investigation into alleged money-laundering by the Holy See.

The Vatican says it is 'perplexed' by the investigation, which is being conducted by Italy's tax police.

The head of the Vatican bank, Ettore Gotti Tedeschi, was placed under investigation for allegedly failing to communicate to financial authorities where the money had come from Photo: REUTERS

It was the first time that such action has been taken against the bank, which is formally known as the IOR or Institute for Religious Works.

Prosecutors placed the bank’s director-general and its chairman under investigation in connection with two allegedly suspicious transactions which may have breached Italy’s anti-money laundering laws.

Investigators have spent more than a year scrutinising millions of euros of Vatican bank transactions to see if they violated regulations.

The inquiry culminated in Monday's raid, in which police froze €23 million (£19 million) of Vatican bank funds, held by a private bank.

The Vatican bank’s chairman, Ettore Gotti Tedeschi, who was appointed last year, was placed under investigation for allegedly failing to communicate to financial authorities where the money had come from.

He is not being investigated for laundering money but for omitting to disclose key information.

The Vatican said it was “perplexed” by the investigation, which is being conducted by Italy’s tax police.

“The Holy See is perplexed and surprised by the initiatives of the Rome prosecutors, considering the data necessary is already available at the Bank of Italy, and similar transactions commonly take place with other Italian banks,” it said in a statement.

The Vatican expressed “the utmost confidence” in the bank’s senior executives, including Mr Gotti Tedeschi.

A member of the conservative religious movement Opus Dei, he has spoken out on the need for more morality in financing.

Mr Gotti Tedeschi is a close adviser to Italy’s finance minister, Giulio Tremonti.

The IOR manages the Vatican’s finances as well as the accounts of Catholic organisations and religious orders.

Telegraph.co.uk

Views: 60

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

Doc Vega posted blog posts
7 hours ago
Sandy posted a video

We’re cooked

We’re cooked
10 hours ago
Sandy posted a photo
10 hours ago
tjdavis posted a video

Tom Horn discusses Masonic view of 2025

Startling perspective by Tom Horn of the upcoming year: 2025
yesterday
cheeki kea posted a photo
yesterday
cheeki kea commented on Doc Vega's blog post Grooming the New Generation of Assassins
"It's a distressing state of affairs when evil leftists hardwire impressionable students and…"
yesterday
Doc Vega commented on Doc Vega's blog post This Memorable Anthem Given by Nick Freitas Hit the Nail on the Head Please Listen!
"Burbia Charlie Kirk's wife is a real firebrand! God bless that poor woman! "
Monday
Doc Vega commented on Doc Vega's blog post This Memorable Anthem Given by Nick Freitas Hit the Nail on the Head Please Listen!
"Burbia thanks for the videos! "
Monday
Doc Vega posted blog posts
Monday
Burbia commented on tjdavis's video
Thumbnail

Charlie Kirk: Grief And Outrage From Turning Point USA in Phoenix

"Early reports said a.second shooter was there. Talk of Dischord chats. Peyton Gendron was coerced…"
Monday
tjdavis posted a video

America In Crisis: Illegals and Drug Smugglers Have Us Beat

An inside look at how bad the situation is at the Arizona/Mexico border. This exclusive tour with retired Arizona Sheriff Mark Lamb reveals just how bad thin...
Monday
Burbia posted a video

Sam Hyde Show: This is You

support the show: https://www.mde.tv/▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬🔥 BUY EXTREME PEACE on MDE.TV 🔥https://www.mde.tv/series/extreme-peace▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬...
Monday
Burbia commented on Sandy's photo
Monday
Burbia commented on Sandy's photo
Monday
Sandy posted a photo
Sunday
tjdavis posted a video

Charlie Kirk: Grief And Outrage From Turning Point USA in Phoenix

We went to Charlie Kirk's Turning Point USA headquarters in Phoenix to talk with people who were there to pay their respects.►Join my community to get exclus...
Saturday
Doc Vega posted blog posts
Saturday
Burbia commented on Doc Vega's blog post This Memorable Anthem Given by Nick Freitas Hit the Nail on the Head Please Listen!
Saturday
Doc Vega posted blog posts
Friday
Doc Vega commented on Doc Vega's blog post A Few More Rats in Your Skull Concerning Charlie and the Rampaging Left
"cheeki kea, Yes that was released on to book sites 19 hours before the tragic event and also there…"
Friday

© 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