03/12/2012

The Vatican Bank Is About To Get A Makeover. But Will It Actually Change Anything?

Jan Lois Condorez reports about change in 'The Vatican Bank' and how the Vatican will it actually change anything? Jan writes a story that mainstream media has also covered about Vatican City Institute for Works of Religion the Financial Information Authority and the Pope plus the Vatican Bank and all the news about Money laundering. Pablo Escobar the Vatican: The Vatican  has hired a new cleaner to sort out its bank. Why? The answer is wrapped in another question: just how dirty is the Vatican Bank? The Vatican Scandals: What Did the Pope's Butler Know? (time.com).
Rene Bruelhart
Vatican police testify in trial of pope's butler (metronews.ca) they are not talking here grime that you take a scrubbing brush to get rid of financial dealings that would take a month of confessions to get through and even then the absolution Vatican introduces new security measures; Microchip-tracking devices.. (telegraph.co.uk). You should and the Vatican has and is about to do something about it.
News from Around the World about the Vatican includes The Vatican's financial affairs: On His Holiness's public service (economist.com) and how they hired one of Europe’s shrewdest financial lawyers. God's banker linked to Pablo Escobar (telegraph.co.uk) he’s a Swiss lawyer and likes it that way and so does the Vatican. 
Vatican, prelate and Swiss guards
Vatican, prelate and Swiss guards (Photo credit: Wikipedia)

Mr Brulhart On His Holiness's public service (mumbailaity.wordpress.com) until recently the director of the Financial Intelligence Unit (FIU) of Liechtenstein. When he took over eight years ago Liechtenstein’s reputation was scuffing the floorboards. 

It would not be an exaggeration to say that before Brulhart came to Liechtenstein it was considered to be a EU Cover Up of Vatican Bank Money Laundering - Marilyn & Alan (inquiringminds.cc) money laundry. Most scammers could come out clean – and with most of their funds intact. 


The Vatican Bank, or the Institute for Works of Religion, is not a major player in the banking world with $8 billion assets and between 33,000 and 33,500 accounts carefully numbered. It is also a cash-rich bank that moves notes through different accounts not just within the Vatican but across the world. The secrecy of the account owners Vatican Banker Linked to Pablo Escobar (cryptogon.com) smell dirty money, especially freshly laundered.
Vatican bank
Uni Credit Bulbank
Giving a directive does not mean it will be followed. When the Pope authorised the setting up of the Financial Information Authority two years ago, it found it had few rights of investigation. 
Vatican Museums
Vatican Museums (Photo credit: malouette)

 The Vatican secretary of state, Cardinal Tarcisio Bertone, is a powerful man in the Vatican. Maybe he is the most powerful. It was he who pulled in Brulhart. That should go some way to oil the investigation.

How far is uncertain. The Vatican Bank Is About To Get A Makeover. But Will It Actually Change Anything? (stirringtroubleinternationally.com)  say the task is to get the bank to a point where the rest of the global financial institutions agree that it’s now clean.

There is, however, a bigger and unspoken task: it is to convince the Roman Catholic Church’s faithful that at least one apparently corrupt institution has been corrected for more info another helpful source is Janet Tavakoli: Vatican  City: True Financial Crime and Murder (huffingtonpost.com). In conclusion you have read and updated your understanding of change in 'The Vatican Bank' and hopefully be able to learn how the Vatican will it actually change anything? Jan writes a story that mainstream media has also covered about Vatican City Institute for Works of Religion the Financial Information Authority and the Pope plus the Vatican Bank and all the news about Money laundering.

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