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Report: Australia’s Church Leaders Were Unaware of $1.7 Billion Transferred From Vatican
The National Catholic Register ^ | 12/22/20 | Ed Pentin

Posted on 12/23/2020 6:37:01 PM PST by marshmallow

The report by an Australian newspaper, which drew on documents from Australia’s financial crime regulator, did not detail where the money was dispersed.

ROME — The Vatican and its associated financial entities transferred a total of $1.7 billion (AUS $2.3 billion) to Australia since 2014 apparently without the knowledge of Church leaders in Australia, The Australian newspaper reported on Tuesday.

The transfers increased from $54.1million in 2014 to $103.6 million in 2015 before doubling again to $223 million in 2016 and peaking at $439.3 million in 2017, The Australian disclosed.

The article drew on official documents from Austrac, Australia’s financial crime regulator, that had been shared with the Australian Senate.

The Australian added that more than $319 million was transferred in 2018, $371.7 million in 2019 and $222.7 million this financial year to date. The transfers were made in more than 400,000 transactions.

Despite the enormity of the total amount of the transfers, several senior Church leaders in Australia, speaking on condition of anonymity, told the newspaper they were surprised by the news and were unaware of the fund transfers.

The figures also show some funds, about 5% of the total, could have been part of an annual fund for charities. But Austrac has not disclosed any recipients of the funds in Australia, and some Church sources said the transfers may have been Vatican investments in the Australian bond and equities market, The Australian reported.

(Excerpt) Read more at ncregister.com ...


TOPICS: Catholic; Current Events
KEYWORDS: thieves; vatican
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1 posted on 12/23/2020 6:37:01 PM PST by marshmallow
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To: marshmallow

Probably into Australian socialist leaders like they likely dud to America last election.


2 posted on 12/23/2020 6:38:25 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults. )
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To: marshmallow

Years ago, the people held in highest esteem in our country were supreme court justices, priests, and senators. The FBI probably came in right after them.

Think about that for a while.


3 posted on 12/23/2020 6:41:52 PM PST by ladyjane
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To: ladyjane

Now the esteemed are sports stars, rappers, and 16 year old Euro “climate” activists....


4 posted on 12/23/2020 6:45:15 PM PST by nascarnation
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To: marshmallow

The transfers were made in more than 400,000 transactions...some Church sources said the transfers may have been Vatican investments in the Australian bond and equities market

Really? Over 400,000 transactions in Australia's markets? Who would make that many transactions in *Australia's* markets? I would think that would be an enormously unusual number of transactions for Wall Street!

5 posted on 12/23/2020 6:51:29 PM PST by BlessedBeGod (To restore all things in Christ~~Appeasing evil is cowardice~~Francis is temporary. Hell is forever.)
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To: marshmallow

Most likely the monies went to NGO’s for importing muzzies into Australia to disrupt the status quo.


6 posted on 12/23/2020 6:53:27 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure.)
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To: marshmallow

The truth is far worse than any of you are guessing. The money was to assist the persecution of the faithful former archbishop of Sydney, Cardinal Pell, who had become a thorn in the Vatican’s side as the Secretary for the Economy, in charge of overseeing the Vatican’s finances. The corrupt bankers were getting rid of the guy who was supposed to reign them in, the way the Deep State went after Trump.


7 posted on 12/23/2020 6:59:02 PM PST by dangus
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To: Jonty30

pedophilia reps ...


8 posted on 12/23/2020 7:03:03 PM PST by BunnySlippers (I Love BULL MARKETS!)
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To: dangus; ebb tide

Dangus—that would be the only obvious reason that I can think of to ship money to Australia. For an financial entity smaller than California, (and the Vatican itself is) that is a fair chunk of change.

ET—I’d think you’d want to ping this one.


9 posted on 12/23/2020 7:19:02 PM PST by Hieronymus (“I shall drink to the Pope, if you please, still, to conscience first, and to the Pope afterwards.”)
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To: Fred Nerks

Are you hiding the Vatican money yet again?( grin)


10 posted on 12/23/2020 7:19:51 PM PST by Candor7 ((Obama Fascism:http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html) )
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To: Hieronymus; dangus; Al Hitan; Coleus; DuncanWaring; Fedora; irishjuggler; Jaded; JoeFromSidney; ...

Ping


11 posted on 12/23/2020 7:31:29 PM PST by ebb tide (We have a rogue curia in Rome.)
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To: marshmallow

Has anyone been seen hanging around on Blackfriars Bridge recently?


12 posted on 12/23/2020 8:05:52 PM PST by PAR35
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To: dangus
"The truth is far worse than any of you are guessing. The money was to assist the persecution of the faithful former archbishop of Sydney, Cardinal Pell, who had become a thorn in the Vatican’s side as the Secretary for the Economy, in charge of overseeing the Vatican’s finances. The corrupt bankers were getting rid of the guy who was supposed to reign them in, the way the Deep State went after Trump."

Why does the Vatican even need its own bank unless it is trying to hide what it does? I have not failed my church, it has failed me.

13 posted on 12/23/2020 8:18:01 PM PST by cpdiii (cane cutter, deckhand, roughhneck, geologist, pilot, pharmacist, old man, CONSTITUTION TO DIE FOR)
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To: marshmallow

Pope $oro$.


14 posted on 12/23/2020 8:20:11 PM PST by E. Pluribus Unum (You are in far more danger from an authoritarian government than you are from a seasonal virus.)
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To: Hieronymus

The vatican openly boasts of having more that 1/4 of the worlds precious art and gems. Plus the money sent by millions of roman catholics. I hardly think they are hurting


15 posted on 12/23/2020 8:21:14 PM PST by Mom MD
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To: Candor7

...a penny here and a penny there and pretty soon you’re talking about real money...


16 posted on 12/23/2020 9:44:43 PM PST by Fred Nerks (fair dinkum!)
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To: Fred Nerks
...a penny here and a penny there and pretty soon you’re talking about real money...>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Pass that hat~! And Merry Christmas to you Fred!
17 posted on 12/24/2020 4:12:45 AM PST by Candor7 ((Obama Fascism:http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html) )
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To: ladyjane

Years ago, the people held in highest esteem in our country were supreme court justices, priests, and senators. The FBI probably came in right after them.

________

Until the internet exposed them


18 posted on 12/24/2020 4:20:58 AM PST by Chickensoup (Voter ID for 2020!! Leftists totalitarian fascists appear to be planning to eradicate conservatives)
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To: cpdiii
Why does the Vatican even need its own bank

Are you serious? It's a money making institution.

19 posted on 12/24/2020 5:49:16 AM PST by ladyjane
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To: marshmallow

That sounds like money laundering to me.


20 posted on 12/24/2020 6:10:45 AM PST by Slyfox (Not my circus, not my monkeys )
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