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Pope approves reforms for scandal-plagued Vatican bank

Source: Salt Lake Tribune

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Vatican City • Pope Francis has approved a new direction for the scandal-ridden Vatican bank as it seeks to improve transparency and compliance with international guidelines, the Vatican said Monday. The bank, known as the Institute for Religious Works, was founded in 1942 to manage funds for Roman Catholic institutions, Vatican employees and clergy but has been plagued by allegations of money laundering and Mafia links for decades. The pope’s statement ended month ...
Full article at: Salt Lake Tribune Apr 7 2014, 3:15pm CDT
 

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Pope ends speculation about closure of 'Vatican Bank'; IOR to be kept and reformed 'for the good of the Catholic Church'

Source: The New Advent

Chris Christie Takes Part In Conference On Volunteering And Service
The Holy See’s press office has issued a statement saying the Holy Father has approved a proposal on the future of the Istituto per le Opere di Religione (IOR), reaffirming the importance of the IOR’s mission for the good of the Catholic Church, the Holy See and the Vatican City State ...
Full article at: The New Advent Apr 7 2014, 10:59am CDT
 

Pope Backs Vatican Bank To Continue Operating After Fraud Probes

Source: The Huffington Post

Chris Christie Takes Part In Conference On Volunteering And Service
VATICAN CITY (AP) — Pope Francis has given his backing to the Vatican Bank to keep operating as it strives to improve compliance with international best banking practices. The bank, which has been caught up in money-laundering probes, is also known as the Institute for Religious Works (IOR). In a statement Monday, the Vatican said "the valuable services that can be offered by the Institute assist the Holy Father in his mission as universal pastor." ...
Full article at: The Huffington Post Apr 7 2014, 9:05am CDT
 

Pope backs scandal-plagued Vatican Bank to operate

Source: Mail.com

Chris Christie Takes Part In Conference On Volunteering And Service
VATICAN CITY (AP) — Pope Francis has given his backing to the Vatican Bank to keep operating as it strives to improve compliance with international best banking practices. The bank, which has been caught up in money-laundering probes, is also known as the Institute for Religious Works (IOR). In ...
Full article at: Mail.com Apr 7 2014, 6:31am CDT
 

American, Dutchman nabbed while attempting to deposit billions in fake bonds at Vatican bank

Source: The New Advent

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Vatican police on Saturday apprehended an American and a Dutch man who were trying to deposit billions of euros and US dollars in fake bonds in the Vatican bank. The men were stopped by the police when they approached one of the guarded gates at the Vatican and asked to be let through to the Institute for Religious Works (IOR) as the bank is formally known, Vatican spokesman Federico Lombardi told ...
Full article at: The New Advent Apr 3 2014, 4:38am CDT
 

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Tropico 5 Releases Next Month w/ Pre-order Discounted 28% & Bonus Game
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El Presidente makes his return in May. The MSRP is $39.99, but an instant discount and coupon combination drop the pre-order to $28.80.
 
 

Swindlers tried to bluff their way into exclusive Vatican bank with fake bond certificates worth $4 trillion

Source: National Post

Bundeswehr Holds Alpine Adventure Camp 2014
Two men toting a briefcase stuffed with false bond certificates purportedly worth trillions of dollars tried to bluff their way into the exclusive Vatican bank in a foiled fraud plot, Italian police said Sunday. Financial Guard police Lt. Col. Davide Cardia said the would-be swindlers, who were wearing business suits, tried to convince Swiss Guards at a Vatican City gate earlier this month that “cardinals were expecting them.” Cardia told The Associated Press in a phone interview that t ...
Full article at: National Post Mar 30 2014, 3:16pm CDT
 

Suspected Fraud Plot At Vatican Bank Foiled

Source: The Huffington Post

Maria Miller Resigns As Culture Secretary After Expenses Scandal
ROME (AP) — Italian finance police say a suspected plot to swindle the Vatican bank was foiled after Vatican guards became suspicious of two foreigners who tried to enter the bank with a briefcase filled with false financial certificates. The Finance Guard official leading the Italian probe was not available early Sunday for details. But the police operations center confirmed a report Saturday night by the Italian news agency ANSA that a Dutchman and a U.S. man were ...
Full article at: The Huffington Post Mar 29 2014, 7:23pm CDT
 



 

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