Pope Francis Seizes Vatican Bank

Many people spotted this story over the holiday break, and it’s worth some commentary. The Institute for Religious Operations, otherwise known as the Vatican Bank, has long been a sore spot in the Vatican’s image in the world. The problems began, one might recall, in the late pontificate of Paul VI(though the story broke later), when the first scandals and stories began to break tying the bank to other scandals, mobster Michelle Sindona’s Franklin Bank collapse, the Loge Propaganda Due affair that tied Mason Licio Gelli’s P2 Lodge to high ranking Italian government and Vatican officials, to the connections of Banco Ambrosiano’s Roberto Calvi (found hanging from London’s Blackfriar’s Bridge with bricks stuffed into his pants), to American Archbishop Paul Marcinkus, at one time head of the IOR, and later Pope John-Paul II’s chief of security. And of course, to the rumors that persist to this day that Albino Cardinal Luciani – Pope John-Paul I – was rumored to be ready to take a major broom to the Vatican Bank (and the Vatican itself), and clean out the swamp, when he was found dead in his bed, shortly after a meeting with an archbishop. The circumstances of his death, not the least the strange behavior of the Cardinal Camerlengo (the cardinal who takes over Vatican operations until a new pope is elected) Jean Villot in his handing of the death, led some to conclude John-Paul I was murdered. (For the record, it’s a suspicion I continue to entertain.) More recently, suspicious 1.8 billion dollar transactions have apparently taken place between the Vatican and Australia, prompting one Vatican spokesman to state that the Vatican simply doesn’t have that kind of money laying around. I say balderdash to that, for as I wrote in Covert Wars and Breakaway Civilizations, Eugene Cardinal Tisserant – incidentally the Cardinal in charge of the Vatican archives at the time – was heavily implicated, in the 1970s, as being involved in a scheme to launder $900 million in fraudulent American corporate securities.

https://www.nexusnewsfeed.com/article/geopolitics/pope-francis-seizes-vatican-bank/