EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Brian's Poetry
  Telepathic Messages
  Jess Anthony
  Lucia G
  Targeted Messages
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Vegan Recipes
  Translated Material
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Canal Jess
  Par Candace
  Other Channels
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Translations - Candace
  Translations - Jess
  Translations - Others
  by Candace
  By Jess
  By Others
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

[an error occurred while processing this directive]
Political Information Last Updated: Jan 14, 2020 - 12:07:47 PM

More Details Emerge About Vatican Finance Scandal
By William Mahoney PhD
Dec 10, 2019 - 3:22:44 AM

Email this article
 Printer friendly page Share/Bookmark

Print Friendly and PDF  •  December 9, 2019

Pope Francis slams corruption, while Vatican under fire for alleged corruption

VATICAN CITY ( - Pope Francis has recently decried corruption as undermining the dignity of the person, while he is overseeing a Vatican financial scandal unlike any other.

On his return flight from Japan on Nov. 26, the pope discussed the scandal embroiling the Vatican, claiming that the "internal mechanisms are beginning to work," while also acknowledging "there is corruption."

"It's a bad thing, it's not good what is happening in the Vatican. But it was clear that the internal mechanisms are beginning to work, those which Benedict XVI had already begun to make," he said.

"And I thank God. I do not thank God there is corruption, but I thank God that the Vatican monitoring system is working well."

In a tweet on Monday, Pope Francis said: "Corruption undermines the dignity of the person and shatters all good and beautiful ideals. All of society is called upon to make a concrete commitment to combat the cancer of corruption which, with the illusion of quick and easy profits, in reality impoverishes everyone."

Pope Francis✔@Pontifex

Corruption undermines the dignity of the person and shatters all good and beautiful ideals.All of society is called upon to make a concrete commitment to combat the cancer of corruption which, with the illusion of quick and easy profits, in reality impoverishes everyone.

20.5K9:30 PM - Dec 9, 2019Twitter Ads info and privacy

6,341 people are talking about this

On Sunday, Corriere della Sera provided some details of the recently exposed Vatican financial scandal involving the Secretariat of State and Peter's Pence, the Vatican's charity, whose money is ostensibly devoted to the poor around the world.

The Secretariat of State handles an estimated €700 million.

I do not thank God there is corruption, but I thank God that the Vatican monitoring system is working well.Tweet

Money from the Secretariat of State comprises a significant portion of the Holy See's assets, which are estimated to be roughly €11 billion, with about €6 billion in real estate and €5 billion in securities.

The Secretariat is divided into three sections - General Affairs, Relations with States and the Diplomatic Staff - of which General Affairs manages Peter's Pence and cash.


The current financial scandal began in 2012, when Cdl. Giovanni Angelo Becciu was apostolic nuncio in Angola, Africa, where his friend, Antonio Mosquito, invited him to invest $200 million in his oil company, Falcon Oil, for a 5% share.

In October 2018, Abp. Edgar Peña Parra became the head of General Affairs, replacing Becciu, who had held that position since 2011.

Concerns about the volatility of the investment led Parra as well as the Secretariat of State, headed by Cdl. Pietro Parolin, to sell the shares and reinvest the money.

The primary element of this financial scandal centers on $200 million from Peter's Pence being spent on a property turned into luxury apartments on Sloane Avenue in Chelsea, London.

Corriere della Sera spotlighted that the $200 million was technically a Swiss loan used as a guarantee of Secretariat assets.

Enrico Crasso, who handled the Swiss loan, left the Swiss bank in 2014 and began his own business, Sogenel Holding of Lugano, which handled investing $500 million from the Secretariat.

In an unprecedented move, Crasso sold the Vatican "client" in 2016 to Az Swiss of the Azimut Group and became the contextual manager of Az Swiss, joining the board of directors and continuing to manage half a billion Vatican dollars under the umbrella of Azimut.

In 2016, Crasso established his own fund, the Centurion fund, in Malta to manage $50 million from the Secretariat.

The Centurion fund has invested that money in multiple places, including $4.3 million in bonds to finance the films Rocketman and Men in Black.

When asked directly about investment of Peter's Pence funds used to invest in the London property, Pope Francis defended the transaction, claiming it was "good administration."

Priest: Vatican Finances Even More Corrupt Today

Church Militant spoke with a priest and former seminarian professor (who wishes to remain anonymous) about this financial scandal and the pope's handling of the situation.

"At this point in time, Pope Francis has been pope for over six and a half years. Despite promises he made of cleaning up the Vatican Bank and papal finances, the Vatican Bank and papal finances are even more demonstrably corrupt and convoluted today," he said.

"Just last October, during the course of the Amazon Synod, the Vatican was exposed for making enormous acquisitions in real estate with funds from Peter's Pence ... in London of all places," he continued. "And then again, just last week, new revelations came out that Francis' papacy also invests in movie productions."

"If you can stomach it, Francis' papacy funded the production of Rocketman, a movie about the gay Elton John," he added.

"Francis is far, far from making the Vatican Bank more functional and transparent as promised for the needs of the Roman Catholic Church. If anything, the Vatican Bank and papal finances continue to devolve under his leadership and oversight, or rather, lack of oversight," he noted.

"Tragically, the one man who seemed to be taking the Vatican Bank and papal finances in a positive direction, Cdl. Pell, sits alone in an Australian prison serving time for a single dubious charge of sexual abuse," the priest said.

"Messed up does not cover it, nor does Pope Francis seem to care," he added.

Church Militant previously reported on the Rocketman investment, which features an explicit homosexual scene.

[Some colour fonts and bolding added.].


All writings by members of AbundantHope are copyrighted by
©2005-2020 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here

Top of Page

Political Information
Latest Headlines
Esu speaks on Jupiter and Stasis
Donald Trump Vs Greta and the Prophets of Doom
UN Committee Rules That “Climate Refugees” Cannot Be Sent Home
Trump and Religious Liberty
The Far Left's Atheism: Should Americans Care ?
Is Free Speech Now Dead in the UK’s Labour Party ?
A Damning NSD Email Chain Exposes the Steele Dossier
Drag Queen Warns Moms Not to Expose Kids to ‘filth’ of drag and ‘ruin your child’s life’
Democrats Explode In Rage After Trump Inspired “Church Of Holy Hell” Spectacle Limited To Short Run
Are France’s Unions Even Trying to Win the General Strike?
BBC Faces Existential Threat. In the 21st century, it has Nobody Left to Lie to
Central Bankers' Core Mission Now Includes Climate Change
Australian Fire series Part 1: australia - Wake Up Or Die!
I Do Believe that George Soros Could Well be The Anti-Christ.
Who pays the lowest taxes in the US?
Hackers Targeted American Thinker After it Put Up a Post About Q
Fake Investigations... Designed To Fool You
Pro-life Group to Spend $52 Million to Help Re-elect Trump
The Mad Geopolitics of Israel’s EastMed Gas Pipeline
Tom Hanks Accused of Buying 13-Year-Old Girl from Her Father And Raped Her — Actor Isaac Kappy Recently Called Him A Pedophile