Vatican investments linked to global money laundering investigations

CNA - Catholic News Agency ^ | 07-Dec-2019 | Ed Condon

[ptsal]

A fund in which the Vatican’s Secretariat of State has invested tens of millions of euros has links to two Swiss banks investigated or implicated in bribery and money laundering scandals involving more than one billion dollars. The fund is under investigation by Vatican authorities.

The fund, Centurion Global Fund, made headlines this week that it used the Vatican assets under its management to invest in Hollywood films, real estate, and utilities, including investments in movies like “Men in Black International” and the Elton John biopic “Rocketman.”

Italian newspaper Corriere della Serra reported that the Centurion Global Fund has raised around 70 million euro in cash, and that the Holy See’s Secretariat of State is the source of at least two-thirds of the fund’s assets.

[ptsal]

[snip]Swiss and U.S. media outlets in 2018 reported that Zarattini was named in indictments filed by U.S. prosecutors in a $1 billion money laundering case, involving the Venezuelan national oil company PDVSA and Venezuela’s president Nicholas Maduro.

Along with an offshore bank and a New Jersey institution that has faced several investigations for non-compliance with money laundering regulations, Zarrattini was at the time holding funds subject to seizure in the PDVSA money laundering investigation.

[ptsal]

[snip]Swiss and U.S. media outlets in 2018 reported that Zarattini was named in indictments filed by U.S. prosecutors in a $1 billion money laundering case, involving the Venezuelan national oil company PDVSA and Venezuela’s president Nicholas Maduro.

Follow the money.

[ConservativeDude]

The fund is under investigation by Vatican authorities.”

Well, then, that should take care of things

[trad_anglican]

a CNA investigation has found that Centurion Global Fund is connected to several institutions linked to allegations of money laundering.

Is this like a six degrees of separation thing? What exactly does it mean to be "connected" to an institution "linked" to allegations?

May or may not be an appropriate fund for the Vatican, but that's not the point of the article - if it has one at all.

[Pajamajan]

Bookmark

[Bratch]

For the love of money is the root of all evil: which while some coveted
after, they have erred from the faith, and pierced themselves through
with many sorrows.

--- 1 Timothy 6:10 KJV

[FatherofFive]

Godfather III

[Bayard]

Cardinal Pell was investigating the Vatican bank. He got a bogus kiddie charge levied against him aand is now in prison.

I’ll move out on a limb and say that Durham and Giuliani were also uncovering a globalist plot to subvert the United States, and that there probably is a worldwide conspiracy network that has been attempting to destroy the Western world.

[Flaming Conservative]

My sentiments, exactly.

[ptsal]

Check out the OAN broadcast. There are big fish swimming in dirty water.

---

OAN Chanel Rion full broadcast on Ukraine

Part 1: (time 55:57 broadcast Dec. 07, 2019)
https://www.youtube.com/watch?v=VoLEEnVPbCg

Part 2: (time 45:34 broadcast Dec 07, 2019)
https://www.youtube.com/watch?v=io9qwDlZv18

Now, is the Vatican playing in a laundry?

[Harpotoo]

The fund is under investigation by Vatican authorities. LOL:-)

Pedophile payoff fund!

[ptsal]

All actions need to be cleared with a Higher Authority.

Looks like the current crew missed that paragraph.

[minnesota_bound]

The Vatican has used religion thru the centuries to enrich itself much like the socialists are trying to use global baloney today. A tax to exempt themselves from their indulgences. A penance.

[caww]

That's what I was thinking....similar to the Vatican's handling their pedophile priests.

[ConservativeDude]

https://www.breitbart.com/faith/2019/12/11/german-bishops-pronounce-homosexuality-normal-and-unchangeable/

Well, at least some priests are now being more up front about it all