This was not the first trial involving former Vatican bank employees. Only about 14% of its Italian properties were rented at market rates, while the others were rented at cut rates, many to church employees. Discovery Company. Obviously murdered. The investigation also allegedly found wrongdoing surrounding the purchase and sale of a grossly overestimated-priced property in London, during which the indicted allegedly was complicit in performing forgery and extortion, among other crimes, Vatican News said on Saturday. Published Dec 28, 2017. Liuzzos son, Lamberto Liuzzo, age 55, was handed a five years, two month term. See here for a complete list of exchanges and delays. (File Photo/CNA). The decree will force Holy See institutions, including the Secretariat of State, to move their financial assets to the IOR by the end of September. 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. St Peters Basilica and the Vatican museums were closed or only partially open for much of 2020 during the Covid-19 pandemic. Mon, 01/03/2022 - 12:00. A Warner Bros. The IOR, based in Vatican City State, has 110 employees and 14,519 clients. "The operational statistics for . Law enforcement officials last week seized 2.8 tons of methamphetamine and fentanyl powder at a U.S.-Mexico border crossing in California, U.S. Customs and . Our Standards: The Thomson Reuters Trust Principles. I also wonder how Pell fits into it. Pope Francis is establishing an emergency fund to supposedly aid victims of the Wuhan virus. Former Shoe Shiner Wins Back Nearly $30,000 Seized by Federal Agents - The New York Times Former Shoe Shiner Wins Back Nearly $30,000 Seized by Federal Agents Authorities at an airport last. https://www.youtube.com/watch?v=_CHdt2qRLj8 Yikes! As of 2021, it looked after 5.2 billion euros ($5.6 billion) of client assets. The ruling by the Vatican court signaled the churchs desire to get its financial house in order following past scandals. [1/2]Cardinal Giovanni Angelo Becciu, who has been caught up in a real estate scandal, speaks to the media a day after he resigned suddenly and gave up his right to take part in an eventual conclave to elect a pope, near the Vatican, in Rome, Italy, September 25, 2020. One could say that plausible deniability has limits for how much data can be hidden unawares or tagged. 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 . The US military are controlled by Industry hence Military-Industrial complex. She has said on Italian television that the money, sent to her company in Slovenia, was to ransom kidnapped missionaries in Africa. The US Corporate government seeks to roll over its payments past the deadline. If this story is true, my comments below may well apply. Your monthly donation will help our team continue reporting the truth, with fairness, integrity, and fidelity to Jesus Christ and his Church. In terms of money, every diocese is it's own financial entity. The 81-year-old was handed an eight year, 11 month jail term on Thursday, making him the highest-ranking Vatican official to be convicted of a financial crime. Sentenced to eight years and 11 months in prison apiece, the defendants were ordered to pay the Vatican bank damages of more than 20 million, or $24 million. People gather at Saint Peter's square before Pope Francis's Angelus prayer from the window of the apostolic palace on August 15, 2020 at the Vatican. Controlling the way to the waterhole, in a conflict between cowboys and farmers, is an obvious parallelism. Have a news tip? On 20 December 2017, President . On Dec. 7, 2021, a Dallas, Texas, television station published a story about a K-9 officer that helped police seize a bag with more than $100,000 at the Love Field Airport. 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. 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. St Peters Basilica and the Vatican museums, the latter a cash cow that received about 6 million paying visitors in 2019, were closed or only partially open for much of 2020. the movie would be called the counter-op, https://www.youtube.com/watch?v=-R6q70LTidY&t=11s. option selection above at the current full price on the date of each renewal, until you cancel. The dome of St. Peter's Basilica is pictured through the colonnade at the Vatican Jan. 26, 2022. and on a further theatre note if you loved Mel Brookss History of the World Part II with its big show stopping hit The Inquisition youll just rave about the grand, new broadway hit musical (just kidding, Broadway will never reopen unless its under the rules and control of the RAPP [Revolutionary Association of Proletarian Writers]. Enter your email address to subscribe to this blog and receive notifications of new posts by email. The Vatican's criminal tribunal on Thursday, jan, 21, 2021 convicted the former head of the Vatican bank and his lawyer of embezzling some 57 million euros in proceeds from the sales of Holy See-owned real estate and sentenced them to nearly nine years in prison. (Institute for Justice) A North Carolina man is fighting to get back $39,500 in cash after police in Phoenix, Arizona, seized the money from him at an airport on suspicion that it was drug. See here for a complete list of exchanges and delays. According to the Vatican, the January 2021 convictions referred to in the opening paragraphs above were a product of this legislation. All Rights Reserved. The investigation into the purchase of the building became public on Oct. 1, 2019, when Vatican police raided the offices of the Secretariat of State, the administrative heart of the Catholic Church, and those of the Vatican's Financial Information Authority (AIF). 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. Pope Francis is establishing an emergency fund to supposedly aid victims of the Wuhan virus. 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. However, savvy Catholics know the Vatican often misdirects funds as has been in the news frequently. A post shared on Facebook claims $34 quintillion in gold was seized from the Vatican and will be given to people globally. Because they represent evil? The length of the tunnel was given as approximately 1,500 miles, so it cuts . Required fields are marked *. Zamira Rahim wrote in London. News reports coming out of Italy that someone at military contractor co. Leonardo SpA, 1/3 owned by the Italian government, used their satellite access code to link up & transfer data re: our election. The 30-page Apsa budget showed it owns 4,051 properties in Italy and about 1,120 abroad, not including its embassies around the world. The industry leader for online information for tax, accounting and finance professionals. The Institute for Religious Works, or 'Vatican bank'. Former Clinton stooge on the board, & Profumo, who got in trouble with the banks. Gabriele Liuzzo, 97, received the same sentence as Caloia. 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. I dont think this reform is as revolutionary as some of the press- such as the Wall Street Journal are making out. The pope personally gave the required approval last week for Becciu to be indicted, according to a 487-page indictment request seen by Reuters. 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. Now I have no way of vetting this and my skepticism is on alert. Premium users have access to full-length programs with limited commercials and receive a 10% discount in the store! We provide news about the Church and the world, as seen through the teachings of the Catholic Church. And as that system moves increasingly toward more globaloney, expect the same from the Vatican and future popes. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The bank had already pressed charges against two other former managers, who had been found liable for mismanagement in 2018. Hard-hitting news and analysis through an authentic Catholic lens. So we went online, and both guffawed out loud when we discovered that he had appointed the same firm that was the auditor of record for - here it comes - Lloyd's of London and The Bank of International Settlements. 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. The US Corporate government seeks to roll over its payments past the deadline. It says Becciu tried to "heavily deflect" the inquiry into Vatican investments, including the London building, and tried to discredit the investigating magistrates via the Italian media. 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. In 2013, Pope Francis set up an expert committee to recommend reforms to the economic and administrative structures of the Holy See, to combat the problem. Their snooping actually draws cycle time from processing thats actually noticeable. All that beside the 200 plus years of Rothchild / Vatican money shenanigans. https://www.telegraph.co.uk/global-health/science-and-disease/pharmacy-developing-world-shuts-doors-india-stockpiles-oxford/. But I suspect it augurs something entirely different, and far more ominous, namely, the final capture of the papacy by "the high financial cabal". Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new . Then theres Francis, whos right up there in my book along with Innocent III, Boniface VIII, and Pius I-am-Tradition IX for reckless expansions of papal power. 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. January 13, 2021 Continue to this story on CNA CWN Editor's Note: A court in Rome has ordered Vatican officials to return cash and other property seized from the home of Fabrizio Tirabassi, an . The Catholic Church as a universal Church doesn't own this wealth, which is mostly in the form of real estate. The Vatican allegedly sank more than $200 million into the venture mostly from donations from Catholic faithful while middlemen allegedly pocketed tens of millions in fees. Though lawyers will quibble, the status of the latter seems to be in practice unchanged. Monthly: $10 a month 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. Of the total 20.39 . Each year around that time, as the payment deadline approaches, we see all sorts of maneuvers. There are bits and pieces from international involvement thats difficult to pin down but other bytes quite active. (For the record, it's a suspicion I continue to entertain.) Giza Community is a community of speculation, commentary, and opinion on current events, history, humanities, the sciences, and the works of Dr. Joseph P. Farrell. 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 letter comes from the "U.S. Department of Homeland Security" (DHS) because the United States Secret Service is an operational and support component of DHS. 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. Oversight of Peters Pence, is an interesting phrase. I say balderdash to that, for as I wrote in Covert 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 $900 million in fraudulent American corporate securities. The Vatican Bank has once again been in the eye of a storm of scandal. Latest checked 2011 [1] The Church of Jesus Christ of Latter-day Saints. The Vatican bank had $20 million in gold reserves held at the U.S. Federal Reserve, and managed $64 billion worth of assets from its customers, NASDAQ reported in 2015. Once connected malware can do what the programmer instructs it to relay with little notice. 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. He was always part of the game anyway. He was elected as a temporary place holder. As part of this free service you may receive occasional offers from us at EWTN News and EWTN. After all, Francis has made no secret he's fully on board with that agenda. The indictment request said Mincione had tried to deceive the Vatican, which in 2018 tried to end the relationship. its hard to out do the Vatican. (For the record, its a suspicion I continue to entertain.) 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 sound you are hearing is that of a standing ovation. Becciu, who once held a powerful position in the Vaticans Secretariat of State, said on Saturday in a statement he is a victim of a conspiracy against him and maintained his innocence. In December of that year, after an audit by external financial consultants, the bank flagged a series of suspicious real estate transactions to Vatican prosecutors, leading to the case that culminated Thursday. The Vatican published its 2021 budget in its latest effort at greater financial transparency amid a predicted 50 million euro budget deficit this year. Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank. "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 . The P2 Masons have had a historic connection with the heroin trade from Lebanon, PROMIS to PRISM software, old man Maxwell / Epstein money laundering, GCHQ & their franchises. appreciated. 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. Now, when it comes to intrigue; 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. The Vatican has released information on its real estate holdings for the first time, revealing it owns more than 5,000 properties, as part of its most detailed financial disclosures ever. WASHINGTON - The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. One building, in Londons South Kensington, led to enormous losses after it was bought by the Vaticans secretariat of state as an investment in 2014. (RELATED: Was Pope Francis Arrested On Charges Including Human Trafficking And Fraud). Begs one question of what that list of donors of wealth, access, and military might look like. The phone number for CBP's Fines, Penalties & Forfeitures is (305) 869-2870. The Vatican equivalent of FASAB 56, taking the finances from badly obfuscated to totally dark? A lack of oversight had permitted corruption to go unchecked for decades at the Vatican bank, which gained notoriety as a money laundering center. 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. Nearly half of its clients in 2019 were religious orders. https://dl.dropboxusercontent.com/s/jeqwyztt2vbxwrf/doctor-whoops-a-daisy.jpg. High money priest never wanted heathen fresh water, flowing through his backwater dogmas. (RELATED: Was Pope Francis Arrested On Charges Including Human Trafficking And Fraud). Took place at American Embassy on Vio Veneto, in concert w/American consulate in Frankfurt. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. The Curia is just the old Roman Senate in religious garb. All told, the Secretariat of State sank more than 350 million euros into the investment, according to Vatican media, and suffered what Cardinal George Pell, the former Vatican treasurer, told Reuters last year were "enormous losses". ", When asked about the hundreds of millions redirected from an account set up to help the poor, Pope Francis defended the transactions as "good administration.". Christian. ROME The Vatican's ongoing financial scandals show no sign of letting up as police have uncovered hundreds of thousands of euros in cash along with precious gold coins and medallions hidden in two homes of a suspended Vatican official. 30.0. 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. Oops! [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 . IRS has seized $1.2 billion worth of cryptocurrency this year Crypto Decoded The IRS has seized $1.2 billion worth of cryptocurrency this fiscal year - here's what happens to it Published Wed,. View conspiracydailyupdates profile on Facebook, View conspiracydailyupdates profile on Instagram, View conspiracydups profile on Pinterest, View conspiracydailyupdate@gmail.coms profile on YouTube, View conspiracydailyupdates profile on Vimeo, View Conspiracy Daily Updates profile on Google+, View conspiracydailyupdates profile on WordPress.org, View conspiracydailyupdates profile on Tumblr. UPDATED: TRUMP/QANON AND THE PLAN to free us all!! About 75 pages of the document are dedicated to Becciu. SGT Report is your daily source for truth in a time of universal deceit. So did the Pope take over the bank to hide the money moving to fund this? August 11, 2021 / 9:11 PM / CBS News. She grew up in Omaha, Nebraska, and has a degree in English from Truman State University in Missouri. It gives evil a bad rep. Yearly: $120 a year, To pay in advance without a subscription, click here Between the two documents each with an unprecedented number of pie charts, graphs and maps and two explanatory interviews, the Vatican issued more than 50 pages of financial material. Here is how to find the value of your birth certificateSS#.. CNN Sans & 2016 Cable News Network. The Vatican bank, whose official name is the Institute for the Works of Religion, wanted to send a message that certain practices are no longer tolerated, are not acceptable, and there is zero tolerance, said Alessandro Benedetti, one of its lawyers. Reminds me of when the Vatican actually reviewed a Star wars movie for the first time because they were so upset. Release Date. 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 laundering, fraud, extortion and abuse of office. When you subscribe to the CNA UPDATE, we'll send you a daily email with links to the news you need and, occasionally, breaking news. SGT Report is the corporate propaganda antidote. 9 Aug. 2021. billing. October 9, 2021 at 10:00 a.m. EDT A trove of secret files details the financial universe where global elite shield riches from taxes, probes and accountability. Dismantling the Deepstate Operatives and Doubles!! The Fines, Penalties & Forfeitures handles bulk cash smuggling seizures and administrative forfeiture actions. 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. So we went online, and both guffawed out loud when we discovered that he had appointed the same firm that was the auditor of record for here it comes Lloyds of London and The Bank of International Settlements. Becciu said in a statement that he was a victim of a "machination" and reaffirmed his "absolute innocence". The Vatican bank has long been plagued by financial scandals. Many people spotted this story over the holiday break, and it's worth some commentary. One can only laugh at such articles, whats so wrong that the Indian govt wants to vaccinate their people first. Updated The circumstances of his death, not the least the strange behavior of the Cardinal 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. 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." Can you please provide the Title of the Video so that I can find it? Background: He said, they said: inside the trial of Matthew McKnight MARKET WATCH. Click the button below. 2. 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. It has been accused of money laundering and lack of due diligence in allowing non-religious, and even crony, businessmen to . The problems began, one might recall, in the late pontificate of Paul VI(though the story broke later), when the first scandals and stories began to break tying the bank to other scandals, mobster Michelle Sindonas Franklin Bank collapse, the Loge Propaganda Due affair that tied Mason Licio Gellis P2 Lodge to high ranking Italian government and Vatican officials, to the connections of Banco Ambrosianos Roberto Calvi (found hanging from Londons Blackfriars Bridge with bricks stuffed into his pants), to American Archbishop Paul Marcinkus, at one time head of the IOR, and later Pope John-Paul IIs chief of security. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The Red Party of the east, foreign servers overseas, infiltration, and other sources still under investigation in the top portion of your list. Not so obvious? That was the first major step in taking down the Cabal by way of the people taking back the world monetary system. (Youtuber claims the satellite is owned by the Vatican, & some of Obamas 400mil went to finance this). 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.. Such lies they create. But now, if western power ban exports its alright, but its a problem if countries in the east do that. Bruelhart said in a text message that he had "always carried out my functions and duties with correctness" and that "the truth about my innocence will emerge". At the time Becciu said he was accused of embezzlement and proclaimed his innocence during a press conference after effectively being fired by Pope Francis. Your effort and contribution in providing this feedback is much 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. Vatican 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). He and two lawyers who consulted for the bank were charged with embezzling money while managing the sale of Italian real estate owned by IOR between 2001-2008, allegedly declaring less than the actual amount of the sale. The Crown or Trinity of Globalist Control has been hit three ways of three with the onslaught of this pandemic after plan of opportunity. Article 219, paragraph 3 of the new curial constitution says: The execution of the financial transactions referred to in 1 and 2 is carried out through the Institute for the Works of Religion, the IOR. agree that your subscription will automatically renew monthly, quarterly or annually based upon your subscription Pope approved move against cardinal, who says he is innocent, Former head of Vatican Financial Intelligence denies charges, Becciu most senior Vatican official charged with financial crime. The Vatican Bank's official name is the Institute forReligious Works, and in this case,the so-called religious works amounted to reneging on financial obligations with real estate and money firms that dated back to the final weeks of Pope Benedict XVI's papacy. Touring the world with friends one mile and pub at a time; which yttd character are you uquiz. (Photo by Vincenzo PINTO / AFP) (Photo by VINCENZO PINTO/AFP via Getty Images). Deadline on June 28, 2021 . Luke 12:1-5. (Photo by Tiziana FABI / AFP) (Photo by TIZIANA FABI/AFP via Getty Images). Becciu, 73, was created cardinal by Pope Francis in 2018 and made the head of the office that oversees canonizations of saints. At Catholic News Agency, our team is committed to reporting the truth with courage, integrity, and fidelity to our faith. Cannizzaro said focusing on prioritizing the distribution of money seized from prisoners "glosses over some issues that brought this to the forefront." Please understand a donation is a gift and does not confer membership or license to audiobooks. Published Jul. The actual direct flight distance is 1,432.90 miles (2,306.03 kms). Di Ruzza was also accused of embezzlement related to alleged inappropriate use of his official credit card, and of divulging confidential information. Many people spotted this story over the holiday break, and its worth some commentary. Providing exclusive original content and interviews with some of the best known voices in the world of economics and precious metals. 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 list of suspects grows longer by the day, week, month. Where, Oh, Where is my Averbakh? Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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 the past two decades, the federal government took in $36.5 billion in assets police seized from people on America's roads and in its poorer neighborhoods, many of whom never were charged with a crime or shown to have drugs. Vatican City, including the Vatican Museums and the Vatican bank, has a separate budget.
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