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U.S. adds Vatican to money-laundering ‘concern’ list

July 19, 2012

The Vatican Bank, founded in 1942 by Pope Pius XII, has been in the spotlight since September 2010 when Italian investigators froze 23 million euros ($33 million) in funds in Italian banks after opening an investigation into possible money-laundering. 

The Vatican Bank was formally known as the Institute for Works of Religion (IOR) and was entangled in the collapse 30 years ago of Banco Ambrosiano, with allegations about money-laundering.

Michele Sindona (May 8, 1920 – March 22, 1986) was appointed by the pope to manage the Vatican’s foreign investments. He was an Italian banker and convicted felon. Known in banking circles as “The Shark,” Sindona was a member of Propaganda Due [1] a secret lodge of Italian Freemasonry, and had clear connections to the Sicilian Mafia.

He knew too much and was poisoned in prison while serving a life sentence for the murder of lawyer Giorgio Ambrosoli. Sindona brought in Roberto Calvi, a banker who inherited Sindona’s position.

Banco Ambrosiano collapsed in 1982 after the disappearance of $1.3 billion in loans to dummy companies in Latin America. The Vatican had provided letters of credit for those loans. Calvi was found soon hanging under a London bridge.

One researcher, Gianluigi Nuzzi, said: “There are ongoing investigations against the Vatican Bank, but every time investigators try and ask a question, they are met with half answers…or silence.”

Example: the Sisters of Divine Providence in Biseglie are several nuns who care for mentally ill patients. They have $55 billion (Italian) lira  in their account that gets deposits from Nobody Knows and withdrawals from Nobody Will Every Find Out.

But what money would they be laundering? “Former OSS agent William Gowen has also given deposition as an expert witness that in 1946 Colonel Ivan Babić transported 10 truckloads of gold from Switzerland to the Pontifical College.” The gold was taken by  priests from Jews and Serbs in Croatia who were sent for extermination in the alliance between the Vatican and Hitler.

Speaking of missing money, Department of Defense Donald Rumsfeld announced the evening before 9/11 that $2.3 trillion were missing but it never made headlines on 9/11, coincidence or great timing?

Rumsfeld  is Catholic as so many in military/CIA leadership are; could the Vatican be the recipient? Add to this Obama’s mentors in the Oval Office and we are witnessing a Jesuit take-over of America that goes beyond a Supreme Court majority.

As we consider the greed of bankers that gave us the collapse in October, 2008, why should tax-payers have to pay the $760 billion in bailout funds for banks that are largely owned by the Vatican?

For more information, visit and catch next Monday’s braodcast that will discuss the papacy as revealed in the Bible’s last book, Revelation. The program will feature Dr. Neil Barnard showing how Type 2 Diabetes can be reversed with diet; Dr. Gary Chapman, author of The Five Love Languages, followed by the Vatican in prophecy, callers welcome after 6:40 ET, 3:40 PT

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