The then-president of the AIF, Rene Bruelhart, a 48-year-old Swiss, and AIF's former Italian director, Tommaso Di Ruzza, 46, were charged with abuse of office for allegedly failing to adequately protect the Vatican's interests and giving Torzi what the indictment request called an "undue advantage". Also when India backtracked on Bharat Biotechs vaccine, they said it we only clearing it for emergency use now, but when Phase 3 gets completed in the next 2 weeks, it gets clearance. The popes rescript, issued Aug. 23, clarifies the interpretation of a paragraph in the new constitution of the Roman Curia, Praedicate Evangelium, promulgated in March. https://www.youtube.com/watch?v=u4HJusPPWnc&feature=youtu.be. Have a news tip? The indictment request said she had received about 575,000 euros from the Secretariat of State in 2018-2019. Francis I has just done: Pope Francis Issues Law Reorganizing Vatican Finances. The $34 Quintillion in gold seized from the Vatican is being distributed to the people globally," the Facebook post reads, citing "CBK" as its source. if you do building work in the Vatican City you are paid by the APSA, typically through a third party bank and not the IOR (Vatican Bank). Torzi was arrested in the Vatican in June 2020, and spent a week in custody. At the time, Becciu was in the last year of his post as deputy secretary of state for general affairs, a powerful administrative position that handles hundreds of millions of euros. - The GREATEST PLAN IN THE WORLD! EFCC urges court to inspect money seized from ex-NNPC GMD in Kano. The Vatican Bank has once again been in the eye of a storm of scandal. 9 Aug. 2021. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Many people spotted this story over the holiday break, and it's worth some commentary. Former Vatican Banker Convicted of Money Laundering and Embezzlement, https://www.nytimes.com/2021/01/21/world/europe/vatican-bank-embezzlement.html. The US military are controlled by Industry hence Military-Industrial complex. The US Corporate government seeks to roll over its payments past the deadline. Imagine these labyrinthine buildings with their equally labyrinthine occupants, laymen and clerics (not many ladies there) with their desks, files, protocols and legalistic minds focused on how to interpret the latest motu proprio in their own favour. Cannizzaro said focusing on prioritizing the distribution of money seized from prisoners "glosses over some issues that brought this to the forefront." 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 must step in 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. 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. Cancel at any time to avoid future Required fields are marked *. Yearly: $120 a year, To pay in advance without a subscription, click here (Photo by Vincenzo PINTO / AFP) (Photo by VINCENZO PINTO/AFP via Getty Images). The Vatican announced the indictments in a two-page statement. A Warner Bros. Five Vatican. go marching out [removed]. Vatican City, including the Vatican Museums and the Vatican bank, has a separate budget. . Heres the crux (not to coin a pun) of it: Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals. In addition, Diddi is said. Most of the money came from charity funds known as Peter's Pence that popes usually earmark for the poor. Each year around that time, as the payment deadline approaches, we see all sorts of maneuvers. 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. The bishop of Tyler, TX talks to Terry Barber. The Vatican equivalent of FASAB 56, taking the finances from badly obfuscated to totally dark? The ruling by the Vatican court signaled the churchs desire to get its financial house in order following past scandals. 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. He first announced the shake-up in an Aug. 25 letter to Vatican Secretary of State Cardinal Pietro Parolin that was made public on Nov. 5 after the Secretariat of State was engulfed by accusations of financial mismanagement. The pope personally gave the required approval last week for Becciu to be indicted, according to a 487-page indictment request seen by Reuters. Reuters Sat 24 Jul 2021 09.52 EDT Last modified on Sat 24 Jul 2021 10.13 EDT The Vatican has released information on its real estate holdings for the first time, revealing it owns more than. Torzi, for whom Italian magistrates issued an arrest warrant in April, was also charged with extortion. As of 2021, it looked after 5.2 billion euros ($5.6 billion) of client assets. However, savvy Catholics know the Vatican often misdirects funds as has been in the news frequently even as recently as two days ago. 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. The bank said in 2018 that it had lost more than 50 million as a result of the disposal of a considerable part of the Institutes real estate assets.. REUTERS/Guglielmo Mangiapane. HARRISBURG Attorney General Josh Shapiro today announced Operation Family Ties, an 18-month investigation that led to felony drug charges against four Monroeville residents following a raid in which officers seized crack cocaine and cash totaling $18,000. While DC was distracting everyone, raids in seven cities took place.Antifa false flag sealed the deal with military on Insurrection ActItalyGate / Vatican co. Sign up for only one day for the low cost of $1.99. Vatican judge orders cardinal and nine others to stand trial for alleged financial crimes, Original reporting and incisive analysis, direct from the Guardian every morning. The sound you are hearing is that of a standing ovation. [61] In June 2011, the Roman prosecutors ordered the release of the seized 23 million that should have been transferred via an IOR account at Credito . SGT Report is the corporate propaganda antidote. He was elected as a temporary place holder. February 16 2022, 7:04 p.m. Men hold signs as they march . The Vaticans drive to improve accountability has included the creation of new oversight structures, a reorganization of financial departments and the closing in recent years of hundreds of suspect accounts at the Vatican bank to comply with anti-money laundering laws and international standards. Each man will also have to pay fines and are banned from public office in perpetuity, according to a press release from the Vatican. Your email address will not be published. WASHINGTON U.S. Customs and Border Protection today released agency statistics for Fiscal Year 2021 covering all major areas of operations, including international travel and trade, forced labor enforcement, drug seizures, and national border encounter statistics. The US Corporate government seeks to roll over its payments past the deadline. Hard-hitting news and analysis through an authentic Catholic lens. 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. There are bits and pieces from international involvement thats difficult to pin down but other bytes quite active. Thought I saw where Loefflers husband (Ga. senator) owns NYSE. YouTube took the link off line. 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. We won't rent or sell your information, and you can unsubscribe at any time. From Saigon baby to US surfer and beyond. Becciu, 73, whom the pope fired from his senior clerical post last year for alleged nepotism, and who has always maintained his innocence during a two-year investigation, becomes the most senior Vatican official to be charged with financial crimes. Updated #TwinTowers), https://www.youtube.com/watch?v=ncpbC3u5PXs, https://www.youtube.com/watch?v=_CHdt2qRLj8. Many people spotted this story over the holiday break, and its worth some commentary. 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. St Peters Basilica and the Vatican museums were closed or only partially open for much of 2020 during the Covid-19 pandemic. Cardinals also head the VCS departments like the APSA theoretically used for domestic administration, i.e. CBK appears to stand for Caroline Bisset (sic) Kennedy, according to another Facebook post shared by the user. Have to tread lightly, Italy is a NATO ally. The charges against Becciu include embezzlement and abuse of office. I say balderdash to that, for as I wrote inCovert Wars and Breakaway Civilizations, Eugene Cardinal Tisserant incidentally the Cardinal in charge of the Vatican archives at the time was heavily implicated, in the 1970s, as being involved in a scheme to launder $900millionin fraudulent American corporate securities. Breaking News! 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. These funds allegedly represent the proceeds of a May 8, ransom payment to individuals in a group known as DarkSide, which had targeted Colonial Pipeline, resulting in critical infrastructure being taken out of operation. The mail CBP office is in Concourse D - North Terminal 2nd Floor at the Miami International Airport located at 4200 NW 21st Street, Miami, FL 33122. So did the Pope take over the bank to hide the money moving to fund this? The financial transactions described in paragraphs 1 and 2 of article 219 are the administration and management of the Holy See's real estate and movable assets and entities entrusting their assets to the Holy See. If Italy is legitimately ratting out a Catholic connection, and this connection has a real trail of evidence, hopefully time will tell. Angelo Becciu said he is a victim of a "conspiracy" against him and maintained his innocence. I also wonder how Pell fits into it. Pope Francis orders online release of second world war-era Jewish files, Pope Francis sends 15,000 ice-creams to prisoners in Rome, Pope announces envelope culture crackdown at Vatican, Former head of Vatican bank sentenced to jail for embezzlement, Pope condemns travelling abroad to escape coronavirus lockdowns, Vatican report faults successive popes over defrocked cardinal Theodore McCarrick, Vatican enlists bots to protect library from onslaught of hackers. 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.