Vatican Bank - JP Morgan - Money Laundering

[FluffyMcDeath]

The documents confiscated from Gotti Tadeschi, who was once a confidant of the pope, “provided Italian law-enforcement officials insight into the innermost workings of the Vatican bank.” According to Germany’s Der Spiegel:

Oh? Interesting, do tell.

The secret dossier includes references to anonymous numbered accounts and questionable transactions as well as written and electronic communications reportedly showing how Church banking officials circumvented European regulations aimed at combating money-laundering.

You don't say.

 

[cecilia]

Such things could include a complex system of ghost accounts and shell companies like the bank had when Archbishop Paul Casimir Marcinkus was its head in the 1980s. At the time, the bank did business involving foreign currency and weapons with the Milanese banker Robert Calvi and the mafia financier Michele Sidona -- and helped launder illegal proceeds the mafia earned from drug-trafficking as well as bribes paid to Christian-conservative Italian politicians.

while I'm not exactly surprised, this is revolting

 

[cecilia]

so much for feeding the poor

 

[robert l. bentham]

so much for non greedy folks doing it for the glory of god too...