Vatican Bank on 30 September 2022

IOR just got enriched by… a lot… and a lot of banks in the world just got lots poorer. September 30, 2022, is the deadline set by Pope Francis on which all assets throughout the Vatican, the Holy See, including extraterritorial arrangements, are to be transferred from wherever they are into the IOR, Vatican Bank.

That ensures that however much oversight over such monies that has been provided over against money money laundering by way of concordat or agreements with other nations, any enforceable controls have entirely disappeared, you know, except for smokescreens. Once it’s all in IOR, a shroud of darkness descends. Not that that’s the motive, but…

How much money laundering? By whom? Is it done by way of, say, Hezbollah or other terrorist groups?

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Filed under Holy See, Pope Francis

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