SPIRITED THINKING SINCE 1888
Vatican finances
November 17, 2021
A Vatican judge’s partial turnaround at a hearing earlier this month is a significant plot twist in the finance trial that kicked off this summer. The prosecution has 10 defendants, with many different charges against them, most linked to the management of funds in the Vatican Secretariat of State, particularly to the purchase of a luxury property
November 16, 2021
Speaking at an event for a diocesan charity to which he is alleged to have illicitly given Vatican funds, Cardinal Angelo Becciu said on Sunday that he had “favoured” his diocese but questioned why it was considered “scandalous.” According to the local newspaper La Nuova Sardegna, during a Nov. 14 conference unveiling a new charitable initiative,
August 04, 2021
Melanie McDonagh on how the Vatican Trial of the century highlights the injustice to Cardinal Pell
July 04, 2021
"We are considered victims," Cardinal Parolin told journalists in Strasbourg on July 4. "After considering all of the elements," he said, "we decided to constitute ourselves [a civil party]," though he specified that the Secretariat had no direct knowledge of the investigation.
July 03, 2021
The laundry list includes some interesting names and corresponding indictments.
June 09, 2021
— Rome — The European Commission’s financial monitor, MONEYVAL, has issued a highly critical report on the anti-money-laundering and general financial oversight efforts of the Holy See. Both MONEYVAL and the Holy See describe the report as “positive” and cite “moderate” to “substantial” effectiveness ratings across a range of areas, but note significant room for
April 29, 2021
The new law's stated aim is to curtail and target instances of a range of crimes, including fraud, corruption, money-laundering, terrorism or terrorism-related activities, exploitation of minors and human trafficking, as well as tax evasion.
March 31, 2021
The idea that everything can be attributed to financial motivations is a bit of an oversimplification, to be sure, but money can present incentives that act on us -- consciously and unconsciously -- and that does does tend to make "Follow the money" a maxim worth some consideration.
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