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Pope orders all Vatican offices to deposit funds in Vatican bank
Catholic Culture ^ | 23 August 2022

Posted on 09/01/2022 9:07:28 AM PDT by MeneMeneTekelUpharsin

CWN Editor's Note: Pope Francis has issued a canonical order for all agencies of the Holy See to deposit their liquid assets in the Institute for Religious Works (IOR), the Vatican bank.

In a rescript published in L’Osservatore Romano on August 23, the Pope said that the apostolic constitution Praedicate Evangelium should be understood to mean that the IOR has the sole authority to manage “the movable assets of the Holy See and of the institutions linked to the Holy See.”

The papal order makes it clear that Vatican offices are not to maintain separate bank accounts in non-Vatican institutions. The policy clearly applies to the Secretariat of State, which moved fund through other institutions to carry out the ill-fated London real-estate deal that is the basis for the current landmark criminal trial.

The new policy takes effect September 1, with all Vatican institutions required to transfer funds from other banks to the IOR “as soon as possible.”


TOPICS: Business/Economy; Culture/Society; Government; Miscellaneous
KEYWORDS: assets; bank; liquid; pope; vatican
There is MUCH more to this than the real estate scandal. The vatican is probably aware of impending financial collapse worldwide and is protecting all assets it possibly can.
1 posted on 09/01/2022 9:07:28 AM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin

Luke 12:16-21 And he told them a parable, saying, “The land of a rich man produced plentifully, and he thought to himself, ‘What shall I do, for I have nowhere to store my crops?’ And he said, ‘I will do this: I will tear down my barns and build larger ones, and there I will store all my grain and my goods. And I will say to my soul, “Soul, you have ample goods laid up for many years; relax, eat, drink, be merry.” ’ But God said to him, ‘Fool! This night your soul is required of you, and the things you have prepared, whose will they be?’ So is the one who lays up treasure for himself and is not rich toward God.”


2 posted on 09/01/2022 9:16:31 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: MeneMeneTekelUpharsin

I’m imagining a commercial for “Vatican Bank.”


3 posted on 09/01/2022 9:21:04 AM PDT by scrabblehack
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Perhaps FJB can once again deposit his assets in his presence


4 posted on 09/01/2022 9:21:12 AM PDT by dsrtsage ( Complexity is just simple lacking imagination)
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To: MeneMeneTekelUpharsin

What’s the proper term for a Papal Vig?


5 posted on 09/01/2022 9:23:36 AM PDT by Macoozie (Handcuffs and Orange Jumpsuits)
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To: MeneMeneTekelUpharsin

And this is what the pope is for?


6 posted on 09/01/2022 9:23:58 AM PDT by Clutch Martin ("The trouble ain't that there is too many fools, but that the lightning ain't distributed right." )
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To: Macoozie

The Pope’s method to determine God’s share of the offering:

I toss the offering up in the air, and God takes his share.


7 posted on 09/01/2022 9:26:55 AM PDT by Scrambler Bob (My /s is more true than your /science (or you might mean /seance))
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To: MeneMeneTekelUpharsin

banco immobiliare???


8 posted on 09/01/2022 9:31:53 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: MeneMeneTekelUpharsin

Collapse? The catholic church is the richest business on the planet!


9 posted on 09/01/2022 10:10:04 AM PDT by spel_grammer_an_punct_polise (Land is simply a place I visit until I can return to the sea.)
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To: MeneMeneTekelUpharsin

Also, I would think that the Vatican bank would be free from most external regulatory oversight, which might be a motivating factor if there were some shenanigans going on.


10 posted on 09/01/2022 11:57:57 AM PDT by Boogieman
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To: Macoozie

Tithe?


11 posted on 09/01/2022 11:58:18 AM PDT by Boogieman
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To: Chode

Banco Infallible :D


12 posted on 09/01/2022 11:58:50 AM PDT by Boogieman
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To: MeneMeneTekelUpharsin

When this hits the fan, I want to be the first to go on record that we’re going to need a bigger fan.


13 posted on 09/01/2022 12:07:31 PM PDT by bgill (Which came first, the vax or the virus?)
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To: scrabblehack

Like Bloato Booze Kennedy, brandon is figuring how much dough will induce Crazy Frank to sell him a ticket to heaven...but still leave him enough to keep living like a king. Ditto pelosi.


14 posted on 09/01/2022 12:16:46 PM PDT by DPMD ( )
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To: Scrambler Bob

Ha ha ha...I heard that joke before. It’s pretty funny!


15 posted on 09/01/2022 12:43:51 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Boogieman

oooooohhh sh!t... LOLOL!!!


16 posted on 09/01/2022 1:55:58 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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