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Pope fires entire board of Vatican financial watchdog


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Interesting to see this some changes...

 

The Vatican said the pope named four experts from Switzerland, Singapore, the United States and Italy to replace them on the board of the Financial Information Authority (AIF), the Holy See's internal regulatory office. The new board includes a woman for the first time.

 

http://news.yahoo.com/pope-fires-entire-board-vatican-financial-watchdog-152824303.html

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Thanks Brother Dennis for the interesting news update on the Vatican.

 

I thought these paragraphs show how the Vatican has obviously

been doing illegal things financially for many years and why

they cannot be trusted

 

(From Reuters)

 

"(Pope) Francis, who has said Vatican finances must be transparent in order for the Church to have credibility, decided against closing the IOR on condition that reforms, including closing accounts by people not entitled to have them, continued.

Only Vatican employees, religious institutions, orders of priests and nuns and Catholic charities are allowed to have accounts at the bank. But investigators have found that a number were being used by outsiders or that legitimate account holders were handling money for third parties.

 

Monsignor Nunzio Scarano, a former senior Vatican accountant who had close ties to the IOR, is currently on trial accused of plotting to smuggle millions of dollars into Italy from Switzerland in a scheme to help rich friends avoid taxes.

Scarano has also been indicted on separate charges of laundering millions of euros

 

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Thanks Brother Dennis for the interesting news update on the Vatican.

 

I thought these paragraphs show how the Vatican has obviously

been doing illegal things financially for many years and why

they cannot be trusted

the dirt on her skirt is becoming so visible! no way surprised, because of other things written and said about this organization.

think maybe satan is starting to shake in his boots, yet?

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