Religion

dimbear

(6,271 posts) Sun Jun 16, 2013, 07:05 PM Jun 2013

Pope Francis names prelate to head Vatican Bank:

http://www.bbc.co.uk/news/world-europe-22924397

The IOR is currently seeking recognition from the Council of Europe's anti-money laundering committee, Moneyval, that it is fully compliant with international standards on combating money laundering, tax evasion and terrorist financing.

Last year, Moneyval said the bank was making progress but needed to improve.

The bank's rules for customer due diligence, wire transfers and suspicious-transaction reporting were insufficient, and it needed an independent supervisor, Moneyval added.

Founded in 1942, the bank has 114 employees and $7.1bn of assets.

**********************

This remarkable story has now stretched out over far more years than I expected. Evidently the vaults needed a lot of scrubbing.

18 replies

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Highlight:

Pope Francis names prelate to head Vatican Bank: (Original Post) dimbear Jun 2013 OP

Where's the controversy? rug Jun 2013 #1

Ever since the day when Judas was treasurer for the twelve, the doings of the dimbear Jun 2013 #2

Judas was involved in money-laundering? rug Jun 2013 #3

Uh no, the Vatican Bank is a scandal ridden cesspool of corruption. Warren Stupidity Jun 2013 #4

Uh, let's see your links. rug Jun 2013 #5

You should take it on faith. Warren Stupidity Jun 2013 #6

Your claim, your proof. rug Jun 2013 #7

Obvious claims need no proof. Warren Stupidity Jun 2013 #8

Obviously. rug Jun 2013 #9

Does the statute of limitations apply? nt No Vested Interest Jun 2013 #10

Unfortunately in Judas' case, it's too late to act. He committed suicide in two dimbear Jun 2013 #11

the controversy? it's called the vatican. Phillip McCleod Jun 2013 #12

Are you calling me a tool? rug Jun 2013 #13

He's a gone pecan. cbayer Jun 2013 #14

That's too bad. I'd bet a bottle he was posting drunk. rug Jun 2013 #15

He went totally off the rails last night. cbayer Jun 2013 #16

Yeah, i just surveyed the wreckage. rug Jun 2013 #17

Yeah, something went seriously wrong, but I'm not sorry to see him go. cbayer Jun 2013 #18

rug

(82,333 posts)

1. Where's the controversy?

Reply to dimbear (Original post)

Sun Jun 16, 2013, 07:08 PM

Jun 2013

dimbear

(6,271 posts)

2. Ever since the day when Judas was treasurer for the twelve, the doings of the

Reply to rug (Reply #1)

Sun Jun 16, 2013, 07:21 PM

Jun 2013

moneyholders have been due a little extra attention.

The difficulties of the Vatican Bank in trying to escape accusations of money laundering ought to excite a little attention even today.

rug

(82,333 posts)

3. Judas was involved in money-laundering?

Reply to dimbear (Reply #2)

Sun Jun 16, 2013, 07:22 PM

Jun 2013

Notify the authorities!

Warren Stupidity

(48,181 posts)

4. Uh no, the Vatican Bank is a scandal ridden cesspool of corruption.

Reply to rug (Reply #3)

Sun Jun 16, 2013, 08:40 PM

Jun 2013

However the pope is busy right now organizing a gay purge.

rug

(82,333 posts)

5. Uh, let's see your links.

Reply to Warren Stupidity (Reply #4)

Sun Jun 16, 2013, 08:42 PM

Jun 2013

Or should I just take your word for it?

Warren Stupidity

(48,181 posts)

6. You should take it on faith.

Reply to rug (Reply #5)

Sun Jun 16, 2013, 08:44 PM

Jun 2013

Or if google is really broken for you, I might help.

rug

(82,333 posts)

7. Your claim, your proof.

Reply to Warren Stupidity (Reply #6)

Sun Jun 16, 2013, 08:47 PM

Jun 2013

Come on, Warren, surely you have more to back it up than your charm.

Warren Stupidity

(48,181 posts)

8. Obvious claims need no proof.

Reply to rug (Reply #7)

Sun Jun 16, 2013, 08:51 PM

Jun 2013

This is beyond idiotic, even for you. Are you seriously making a claim that there is no history of repeated corruption at the Vatican bank? Why would you take such a ridiculous position?

rug

(82,333 posts)

9. Obviously.

Reply to Warren Stupidity (Reply #8)

Sun Jun 16, 2013, 08:57 PM

Jun 2013

BTW, noble if clumsy attempt to shift the burden.

No Vested Interest

(5,167 posts)

10. Does the statute of limitations apply? nt

Reply to rug (Reply #3)

Sun Jun 16, 2013, 09:24 PM

Jun 2013

dimbear

(6,271 posts)

11. Unfortunately in Judas' case, it's too late to act. He committed suicide in two

Reply to No Vested Interest (Reply #10)

Sun Jun 16, 2013, 09:28 PM

Jun 2013

different ways. Versatile chap.

Phillip McCleod

(1,837 posts)

12. the controversy? it's called the vatican.

Reply to rug (Reply #1)

Mon Jun 17, 2013, 03:35 AM

Jun 2013

you might dismiss the fact that it's *FAR MORE CONSERVATIVE* than the *fucking GOP*

but the rest of us live in reality.

keep dropping dough into the GOP plate, tool. you are what you do.