15 February 2021

The Latest Clampdown on the IOR

https://premierchristian.news/en/news/article/vatican-convicts-ex-bank-chief-in-property-embezzlement-scam

Stories surrounding investigations and reforms concerning the Vatican Bank or IOR continue to appear in the news. There is an appearance of due diligence as certain corrupt officials are removed but the systemic issues are never tackled.


Upon assuming office Bergoglio pledged to clean up the bank, knowing full well just how difficult and even perilous such an endeavour was bound to be. As a result, there have been investigations, arrests, and also certain obstructions and obfuscations.

In this case, the perpetrators are corrupt individuals connected to the bank and yet history demonstrates the bank exists (on at least one level) to facilitate such corruption – whether state sponsored or through organised crime.

This case is presented as an instance of avarice but just who were they laundering the money for? That seems to be the missing equation. I don't for a moment believe they undertook such a massive fraud just to line their pockets. The amounts are too high – and the sentences are too lenient for that matter.

Again, it looks like due diligence is being performed. I see a whitewash.

See also:

https://pilgrimunderground.blogspot.com/2019/01/accountability-at-vatican-bank.html

https://pilgrimunderground.blogspot.com/2019/10/ior-obstruction.html

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