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The Vatican has it's own Bank. Domestic currency: EUR
The Vatican bank was founded in 1942 by Pope Pius XII to manage assets destined for religious or charitable works. Located in a tower just inside the gates of Vatican City, it isn't open to the public — only to Vatican employees, religious orders and diplomats accredited to the Holy See.

Two reporters who wrote books based on leaked material charged as questions raised about church’s attitude to press freedom. allegations about former Vatican insiders, including a high-ranking monsignor from Spain, who are accused of giving two journalists troves of confidential documents, which they in turn used to write embarrassing exposés into alleged corruption and the mismanagement of tens of millions of euros of Vatican funds.



The Institute for Religious Works 
It's supposed to be an Institute that manages money moving in and out of it, handling budgets funding various programs, and managing money that is not technically property of the Holy See. Erected in 1942, the purpose of the Institute was “to provide for the safekeeping and administration of movable and immovable property transferred to entrusted to it by physical or juridical persons and intended for works of religion or charity.

They do get involved in investing in other banks, and they have a Bank Identifier Code — hence the term “Vatican Bank.”

* Set up by Pope Pius XII in 1942
* Based in Vatican City, has no other branches, operates as offshore institution outside EU rules
* Headed by professional banker overseen by commission of cardinals
* No shareholders, no policy-making functions
* All profits set aside for charitable or religious works

Based in Vatican City, has no other branches, operates as an offshore institution outside EU rules
How much the Vatican business is worth, and this was in the Consolidated Financial Statement of the Holy See for fiscal year 2000 Total income 422.098 billion.

1/15/2012 The Vatican Bank reports 200 Billion Dollars in Profits. It is the Biggest Bank in Italy


Vatican Bank Discloses Annual Earnings Report for First Time

11/1/13 The Vatican bank disclosed its annual report for the first time in the institute’s history as it seeks to improve financial transparency after several corruption scandals. The bank, formally called the Institute for Works of Religion, or IOR, expects 2013 to be marked by extraordinary expenses “for the ongoing reform and remediation process”and the effects of rising interest rates, according to a statement. The bank earlier this year reported that 2012 profit more than quadrupled to 86.6 million euros ($117 million).  A review of all customer relationships and procedures to prevent money-laundering is under way, the bank said in the statement posted on its website. IOR will shut down about 900 accounts, including all of those held by foreign embassies, Corriere della Sera reported today without saying how it got the information. The decision was taken after viewing large cash transactions by diplomatic missions of Iran, Iraq and Indonesia, according to the newspaper.




Gerald Posner describes the Vatican's financial practices - FACIST MUSSILINI GIVES THEM THE STATE OF POPE KING SOVERIGNTY IN 1929.

Vatican Bank (Institute for Religious Works) (2014)

MORE BELOW ON How the Vatican built a secret property empire using Mussolini's millions












Can. 1282 All clerics or lay persons who take part in the administration of ecclesiastical goods by a legitimate title are bound to fulfill their functions in the name of the Church according to the norm of law.

Can. 1283 Before administrators begin their function:

  • 1/ they must take an oath before the ordinary or his delegate that they will administer well and faithfully;
  • 2/ they are to prepare and sign an accurate and clear inventory of immovable property, movable objects, whether precious or of some cultural value, or other goods, with their description and appraisal; any inventory already done is to be reviewed;
  • 3/ one copy of this inventory is to be preserved in the archive of the administration and another in the archive of the curia; any change which the patrimony happens to undergo is to be noted in each copy.

Can. 1284 §1. All administrators are bound to fulfill their function with the diligence of a good householder.

§2. Consequently they must:

  • 1/ exercise vigilance so that the goods entrusted to their care are in no way lost or damaged, taking out insurance policies for this purpose insofar as necessary;
  • 2/ take care that the ownership of ecclesiastical goods is protected by civilly valid methods;
  • 3/ observe the prescripts of both canon and civil law or those imposed by a founder, a donor, or legitimate authority, and especially be on guard so that no damage comes to the Church from the non-observance of civil laws;
  • 4/ collect the return of goods and the income accurately and on time, protect what is collected, and use them according to the intention of the founder or legitimate norms;
  • 5/ pay at the stated time the interest due on a loan or mortgage and take care that the capital debt itself is repaid in a timely manner;
  • 6/ with the consent of the ordinary, invest the money which is left over after expenses and can be usefully set aside for the purposes of the juridic person;

7/ keep well organized books of receipts and expenditures;

8/ draw up a report of the administration at the end of each year;

9/ organize correctly and protect in a suitable and proper archive the documents and records on which the property rights of the Church or the institute are based, and deposit authentic copies of them in the archive of the curia when it can be done conveniently.

§3. It is strongly recommended that administrators prepare budgets of incomes and expenditures each year; it is left to particular law, however, to require them and to determine more precisely the ways in which they are to be presented.



Amministrazione del Patrimonio della Sede Apostolica
Head Office
Cortile del Triangolo
Palazzo Apostolica
00120 Vatican City





[ARTICLE] An unsparing look at the state of the church Pope Francis inherited from his predecessor, Pope Benedict XVI, successor to Pope John Paul II and the first head of the church to resign in 600 years.  

"2012 was an annus horribilis for [Benedict]," Antony Thomas, the producer, writer and director of the film for "Frontline," told Yahoo News in an interview. "Everything was exploding. He wanted to clean up the Vatican bank. He was in a very difficult predicament all the way through."  A horrible year on many fronts, not just with mounting evidence of <> financial impropriety at the Vatican bank, but also with incidents of sexual abuse by clergy spreading to more than 20 countries and, further, exposure of church hypocrisy about homosexuality. Two of Benedict's most significant moves were to publicly re-frame the Catholic catechism - in effect, its rules of practice -  to emphasize its reference to homosexuality as an "objective disorder,"  laying groundwork to, among other things, remove gay clergy. At the same time, reports emerged from Rome of a "gay mafia" inside the church that included some of its top officials, who were unafraid to wield political power and at the same time live an openly promiscuous gay lifestyle. "There was a lot that came to light, including a man who was, as it were, providing choirboys as rent boys," Thomas said. "What we have tried hard to do in the film is not be simplistic about this. There are a lot of people in the Vatican who are gay who are leading celibate lives, and this is difficult for them. And there are others who are promiscuous."


The Vatican called for the establishment of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. A major document from the Vatican's Justice and Peace department should be music to the ears of the "Occupy Wall Street" demonstrators and similar movements around the world who have protested against the economic downturn. The 18-page document, "Towards Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority," was at times very specific, calling, for example, for taxation measures on financial transactions. October 24th, 2011



The Vatican Pipeline

2010 Vatican Bank Officials Under Investigation
Italian financial police seized the money as a precaution from a Vatican bank account being held at the Rome branch of Credito Artigiano Spa following two recent suspicious transfers. News reports said the bulk of the money was destined for JP Morgan in Frankfurt, with the remainder going to Banca del Fucino.

Alperin v. Vatican Bank was originally filed in Federal Court in San Francisco in November 1999. The plaintiffs are concentration camp survivors of Serb, Jewish, Roma and Ukrainian background and their relatives as well as organizations representing over 300,000 Holocaust victims and their heirs.



7/1/13 Vatican bank director resign amid scandal

A German lawyer and businessman Ernst von Freyberg with ties to a company that makes military warships was named the new president of the Vatican Bank. Von Freyberg was among the final appointments by Pope Benedict XVI. “Vatican Bank Looks to Shed Its Image as an Offshore Haven“ does look into the Vatican Bank’s recent past. Before his retirement in February, Pope Benedict appointed Ernst von Freyberg, 54,  as the new head of the bank that causes a lot of distraction.

2013 Thyssen Krupp Arms Maker Executive to Become Vatican Banker

The Vatican said in a statement that Paolo Cipriani and his deputy, Massimo Tulli, stepped down "in the best interest of the institute and the Holy See." A Vatican accountant was arrested as part of Rome prosecutors' broadening investigation into the IOR. Monsignor Nunzio Scarano is accused of corruption and slander in connection with a plot to smuggle 20 million euro ($26 million) into Italy from Switzerland without reporting it to customs officials. According to wiretapped phone conversations, Scarano was in touch regularly with both Cipriani and Tulli to get the required bank approval to move large amounts of cash into and out of his IOR accounts. The group of five cardinals overseeing the IOR accepted the resignations of Cipriani and Tulliand tapped the IOR's current president, German financier and aristocrat Ernst von Freyberg with Nazi Ties.
Italian banker Rolando Marranci was named as acting deputy and another banking expert, Antonio Montaresi, has been brought into a new position as chief risk officer to help ensure the IOR complies with anti-money laundering and anti-terrorism norms. Both belong to the Promontory Group, an expert in the field of anti-money laundering which has been retained by the IOR to help it comply with international norms.

According to the Vatican spokesman the Rev. Federico Lombardi - One of the main presentations came from Cardinal Tarcisio Bertone, the Vatican No. 2 who heads the commission of cardinals overseeing the scandal- marred Vatican bank. He outlined the bank's activities and the Holy See's efforts to clean up its reputation in international financial circles, Lombardi said. 
The Holy See's finances, and particularly the work of the Vatican bank have been under the spotlight during these pre- conclave meetings as cardinals seek to investigate allegations of corruption in the Vatican administration and get to the bottom of the bank's long history of scandal and secrecy.
The leaks were part of an internal campaign - a sort of "mutiny of the monsignors" - against the pope’s right-hand man, Secretary of State Cardinal Tarcisio Bertone.

Vatican documents leaked to the press alleging corruption in Vatican finance as well as internal bickering over the Holy See's efforts to show more transparency in its financial operations. But perhaps most critically, the leaks have seemed aimed at one main goal: to discredit Pope Benedict XVI's No. 2, Cardinal Tarcisio Bertone, the Vatican secretary of state.

Cardinal Angelo Scola has serious management credentials, running the archdiocese of Milan - Italy's largest and most important - and before that Venice, both of which have produced several popes in the past. He's affable and Italian, but not from the Italian-centric Vatican bureaucracy.

Brazilian Cardinal Odilo Scherer seems to be favored by the Vatican Curia, or bureaucracy. Scherer has a solid handle on the Vatican's finances, sitting on the governing commission of the Vatican bank, the Institute for Religious Works, as well as the Holy See's main budget committee. As a non-Italian, the archbishop of Sao Paolo would be expected to name an Italian insider as secretary of state - the Vatican No. 2 who runs day-to-day affairs at the Holy See - another plus for Vatican-based cardinals who would want one of their own running the shop.



World  Finance Corporation
Bahamas called the Swiss Alpine Bank, and from thence to the Vatican Bank to Swiss numbered accounts; this bank was owned by Vatican Bank manager Archbishop Paul Marcinkus and notorious dirty Italian banker Roberto Calvi. Interestingly, the Swiss Alpine bank seems to have also been laundering heroin profits through the Nugan Hand Bank bank for the Grey Wolves (Islamic Fundamentalists assassins).
There were also allegations that 8 of the 12 bank directors were either current or former CIA employees, and that then - CIA director William J. Casey (coincidentally, a Roman Catholic) apparently stymied the investigation for reasons of "national security". And so the two-year investigation ended in the conviction of Cartaya in 1982 for nothing more than tax evasion.

Robert Anton Wilson (1932 – 2007), was an American author, novelist, philosopher and pioneer of alternative research into the shadow government and exopolitics – among many other subjects. His style and charisma were indelible, as was his unique ability to sprinkles a dash of humor over some of the darkest, most hidden vignettes of modern history.

Long before the bottomless archives of the internet, Wilson was educating audiences about many things, like how a small group of men could take over a government without firing a shot…

In this great 3 part video of a lecture he filmed in Berkley, California, Wilson tells a story of the Kennedy hit, CIA and Vatican drug trafficking, Nazis who worked for the anti-Nazi resistance, Islamic assassins who worked for the Italian mafia, CIA agents who worked for the KGB and masonic lodge-mafia duel members.

Traitors, spies and shady bankers: The CIA and organized crime have worked together for years.


  • Robert Anton Wilson - CIA/Vatican - Part One
  • Robert Anton Wilson The CIA Vatican cocaine bank Part Two 
  • Robert Anton Wilson The CIA Vatican cocaine bank Part Three 
  • Robert Anton Wilson "Intelligence and not intelligence"




12/19/14 Franciscan order on verge of bankruptcy after financial fraud is uncovered

VATICAN CITY – One of the largest Franciscan religious orders, founded on the humble teachings of St. Francis of Assisi more than 800 years ago, announced it is on the brink of bankruptcy after admitting some of its friars embezzled funds from its accounts. The Italian news magazine Panorama on Friday reported that tens of millions of dollars were missing from the Order of Friars Minor and had been invested in offshore companies. Panorama also claimed Swiss prosecutors had seized Franciscan accounts in Switzerland because the account holders had allegedly invested in illegal operations that could include arms and drug trafficking. Brother Michael Perry, the American head of the order, said an internal inquiry was begun in September and revealed “a number of questionable financial activities that were conducted by friars entrusted with the care of the patrimony of the order.” In a letter posted on the order’s website, Perry said the order was in “grave, and I underscore grave, financial difficulty, with a significant burden of debt.” The letter, addressed to all friars and published in both English and Italian, said the order’s general treasurer Father Giancarlo Lati had resigned but gave no further details.

12/7/14 Prosecutor freezes accounts of ex-Vatican bank heads

The Vatican's top prosecutor has frozen 16 million euros in bank accounts owned by two former Vatican bank managers and a lawyer as part of an investigation into the sale of Vatican-owned real estate in the 2000s, according to the freezing order and other legal documents. Prosecutor Gian Piero Milano said he suspected the three men, former bank president Angelo Caloia, ex-director general Lelio Scaletti, and lawyer Gabriele Liuzzo, of embezzling money while managing the sale of 29 buildings sold by the Vatican bank to mainly Italian buyers between 2001 and 2008, according to a copy of the freezing order


12/5/14 Vatican finds millions 'tucked away' 

Pope Francis appointed Cardinal Pell who heads the Vatican's Secretariat for the Economy to reform the Church and make it more transparent. "Apart from the pension fund (...) the Holy See is paying its way, while possessing substantial assets and investments. "We have discovered that the situation is much healthier than it seemed, because some hundreds of millions of Euros were tucked away in particular sectional accounts and did not appear on the balance sheet," he added.

7/9/14 Vatican bank chief to step down amid restructure 

The entire senior management team of the Vatican bank is to be replaced as part of extensive reforms of the Catholic Church's central government. Pope Francis has sought to stamp out corruption and other abuses at the bank, which handles the Church's funds. French financier Jean-Baptiste de Franssu will take over as head of the bank from Ernst von Freyberg. Ernst von Freyberg was appointed by former Pope Benedict just before his retirement in February 2013 after allegations were made that the Vatican bank had been used by money launderers. The Vatican's new economic affairs department will be headed by Cardinal George Pell, who will oversee all the Vatican's financial dealings and will report directly to the Pope. He was called to Rome as a result of a year-long attempt to clean up the Vatican's accounts.

6/5/14 Pope Francis shakes up Vatican's Finance Panel

ROME – Pope Francis today pressed his campaign to internationalize the Vatican’s financial management, replacing an all-Italian panel overseeing his anti-money laundering agency with a new group drawn from four different nations, including a Harvard professor and former official in the George W. Bush administration.  The appointments came a day after the announcement that a Catholic business manager from Australia will hold a senior position in the pope’s new Secretariat of the Economy, designed to force fiscal transparency and discipline on all Vatican departments.  The “Financial Information Authority” (AIF) was created in 2010 under Pope Benedict XVI to bring the Vatican into compliance with international standards in the fight against money laundering and the financing of terrorism.  Its director is a Swiss lawyer named Renè Bruelhart, who previously led a European regulatory body called the Egmont Group, where one of his claims to fame was restoring a Gulf Stream jet owned by Saddam Hussein to Iraq’s new government in 2003.

6/5/14 Pope fires entire board of Vatican financial watchdog

VATICAN CITY, June 5 (Reuters) - Pope Francis sacked the five-man board of the Vatican's financial watchdog on Thursday - all Italians - in the latest move to break with an old guard associated with a murky past under his predecessor.  The Vatican said the pope named four experts from Switzerland, Singapore, the United States and Italy to replace them on the board of the Financial Information Authority (AIF), the Holy See's internal regulatory office. The new board includes a woman for the first time.  All five outgoing members were Italians who had been expected to serve five-year terms ending in 2016 and were laymen associated with the Vatican's discredited financial old guard.  Reformers inside the Vatican had been pushing for the pope, who already has taken a series of steps to clean up Vatican finances, to appoint professionals with an international background to work with Rene Bruelhart, a Swiss lawyer who heads the AIF and who has been pushing for change.
Juan Zarate from the Centre for Strategic and International Studies, who was Bush's deputy national security adviser for counter-terrorism, will now have to enforce transparency rules for scandal-hit Vatican finances.  The three others chosen are Italian manager Maria Farina, Swiss financial consultant Marc Odendall and Joseph Pillay, who helped build up Singapore's economy as a top civil servant and businessman, the Vatican said in a statement.  Five Italian members of the body who were appointed by the pope's predecessor, Benedict XVI, were also dismissed.



Vatican bank suspected of money laundering 6/1/10

VATICAN CITY (AFP) - Italian prosecutors are investigating the Vatican bank on suspicion of involvement in money laundering, La Repubblica daily reported Tuesday. The newspaper said the Institute of Religious Works (IOR) and 10 Italian banks, including major institutions such as Intesa San Saolo and Unicredit, were the target of the investigation. "The hypothesis of the investigators is that subjects with their fiscal residence in Italy are using the IOR as a "screen" to hide different dealings, such as fraud or tax evasion," the paper said. The IOR manages bank accounts for religious orders and Catholic associations and benefits from Vatican offshore status. Investigators have uncovered transactions of around 180 million euros over a two-year period in one of the accounts held at the IOR.
In September 2009 the IOR nominated a new chief executive, Ettore Gotti Tedeschi, Spanish banking giant Santander's representative in Italy.
US archbishop Paul Marcinkus headed up the bank in 1971-1989 during which time it was caught up in scandals including the collapse of the private Italian bank, Banco Ambrosiano in 1982 amid accusations of links to the mafia and political terrorism.

Vatican Bank 'investigated over money-laundering 9/212010

The inquiry into Ettore Gotti Tedeschi has surprised the Vatican. The head of the Vatican Bank, Ettore Gotti Tedeschi, is under investigation as part of a money- laundering inquiry, police sources say. Prosecutors also seized 23m euros ($30m; £19m) from the bank's accounts with another smaller institution. The inquiry was launched after two suspicious transactions were reported to tax police in Rome. The Vatican said it was "perplexed and astonished", and expressed full confidence in Mr Tedeschi. The Vatican Bank, known officially as the Institute for Religious Works (IOR), was created during World War II to administer accounts held by religious orders, cardinals, bishops and priests. Rome Police magistrates are looking into claims that Mr Gotti Tedeschi and the bank's chief executive Paolo Cipriani violated laws that require banks to disclose information on financial operations.

6/14/2013 Vatican credit stop emblematic of finance woes, a painful transition to financial transparency in the fight against money laundering.

Swiss firm Aduno Group handles credit card services in the Vatican. The Vatican still hasn’t fully resolved an embarrassing shutdown in credit card services. Von Freyberg said the aim now is to mend relations with the Bank of Italy and move forward on the Vatican’s path of transparency. The impact has been far worse than the Vatican ever let on, costing the Holy See lost sales at a time when Pope Benedict XVI’s shock resignation and Pope Francis’ surprise election laid the groundwork for a bonanza in Vatican-minted papal memorabilia.
The credit card debacle began Jan. 1 when Italy’s central bank compelled Deutsche Bank Italia to stop providing electronic payment services to the Holy See.

The Bank of Italy cited the lack of an EU-required banking regulatory framework in Vatican City.
The shutdown meant visitors to the Vatican Museums had to use cash to pay for tickets, audio guides and coffee table books on Michelangelo. It was a costly inconvenience given that museum revenues are the top money-maker for the Vatican, bringing in euro 91.3 million in 2011. The Vatican’s other money-making initiatives were similarly affected: Its supermarket, pharmacy and duty-free department store were cash-only. So was its Philatelic and Numismatic Office, the Vatican’s third-place money-maker with some euro 20 million in revenues. Henry Gitner, the main U.S. stamp dealer and retailer who years ago stopped buying directly from the Vatican because of the difficulties he encountered.


Exposing Vatican secrets a 'dangerous' mission, says Vatileaks journalist @RockCenterNBC @bwilliams

3/11/13 The Pope is the longest running Monarchy: A Rough Guide To The Papal Conclave

God's Bankers 1982


God's Bankers - The Calvi Case
Roberto Calvi (13 April 1920–17 June 1982) was an Italian banker dubbed "God's Banker"

by the press because of his close association with the Holy See. A native of Milan, Calvi was Chairman of Banco Ambrosiano, which collapsed in one of modern Italy's biggest political scandals. A source of enduring controversy, his death in London in June 1982 was ruled a murder after two coroner's inquests and an independent investigation. In Rome, in June 2007, five people were acquitted of the murder. Claims have been made that factors in Calvi's death were the Vatican Bank, Banco Ambrosiano's main shareholder; the Mafia, which may have used Banco Ambrosiano for money laundering; and the Propaganda Due or P2 clandestine masonic lodge.
The IOR was entangled in the collapse 30 years ago of Banco Ambrosiano, with its lurid allegations about money-laundering, freemasons, mafiosi and the mysterious death of Ambrosiano chairman Roberto Calvi - "God's banker". The IOR then held a small stake in the Ambrosiano, at the time Italy's largest private bank and investigators alleged that it was partly responsible for the Ambrosiano's fraudulent bankruptcy. Several investigations have failed to determine whether Calvi, who was found hanging under Blackfriars Bridge near London's financial district, killed himself or was murdered. The IOR denied any role in the Ambrosiano collapse but paid $250 million to creditors in what it called a "goodwill gesture".


Philip Willan tries to unravel the mysterious death in "The Last Supper: The Mafia, the Masons and the Killing of Roberto Calvi.''

Films about Calvi's death

The circumstances surrounding Calvi's death were made into a feature film, I Banchieri di Dio - Il Caso Calvi (God's Bankers - The Calvi Case), in 2001. Following the release of the film, Flavio Carboni sued the director Giuseppe Ferrara for slander but lost the action. The lawsuit caused the film to be withdrawn from Italian cinemas, but it was released on video when the legal action ended. A heavily fictionalized version of Calvi appears in the film The Godfather Part III in the character of Frederick Keinszig.
In 1990 The Comic Strip Presents, a BBC television series, produced a spoof version of Calvi's story under the title Spaghetti Hoops, with Nigel Planer in the lead role. The Calvi affair also inspired the comedy film The Pope Must Die (1991) in which a naive priest, played by Robbie Coltrane is unexpectedly made Pope and takes on a mafia dominated Vatican.In the 2009 film The Imaginarium of Doctor Parnassus, the character of Tony, played by Heath Ledger, is found hanging (alive) under Blackfriars Bridge, described by director Terry Gilliam as "an homage to Roberto Calvi".

Mafia, Freemasons and the Vatican are implicated in a tale of drug trafficking, money laundering and tortuous financing spanning the world. Many believe the death of Pope John Paul I in 1978, just 33 days after his election, happened because he wanted to break the murky links between what was then Italy's largest private bank and the Vatican.



10/18/13 Changes at the bank 

Founded in its modern form during the 1940s, the bank became a clearinghouse for donations and charities while facilitating the banking needs of those engaged in church business as well as diplomatic missions to the Holy See. But the Vatican’s fiercely guarded sovereignty and culture of secrecy also made the bank an ideal target for criminals, enveloping the institution in scandals involving Mafia cash and corrupt clerics.  Inside the circular 15th - century citadel and former prison that houses the Vatican bank, priests, nuns and laity from all corners of the globe lined up on a recent afternoon to conduct their business with multilingual tellers. A large wooden cross, framed pictures of Pope Francis, and ATMs with Latin-language options indicated that this was no ordinary bank. Promontory, a New York-based outfit specializing in regulatory policy and bank cleanups, arrived in July, with the mission of vetting every single account held by the Vatican bank’s 19,000 clients. Last month, the bank released its first ever financial report (it is doing quite well, making $117 million last year, more than quadruple the 2011 figure. This year’s number is projected to be substantially lower partly because of the costs of the transparency campaign).  More important, Vatican officials say, Francis has become personally involved in the bank’s operations. Ernst Von Freyberg, a German financier who arrived in February to help clean up the bank  is now the acting director.
As more light is cast on the Vatican books, however, the scandals are likely to get worse. Reuters reported that Vatican regulators had flagged suspicious transactions being made from the diplomatic accounts held at the Vatican bank by several high-risk countries, including Iran. Technically, only organizations and individuals related to the Catholic Church or Vatican City can maintain accounts at the bank, but officials are now uncovering accounts that either should have been closed or never opened. Thus far, officials say, reviews have produced at least six instances of possible money laundering and a number of suspicious accounts are being closed, referred to Vatican judicial authorities or both.



  1. The Vatican Keeping its Nazi Roots Alive: Vatican's New Bank Chief Has Military Ship Links Knight of Malta CEO of Firm that Built Planes for Hitler to Run Vatican Bank
    Head of firm that built warships for Hitler to run Vatican Bank Vatican spokesman Federico Lombardi, left, said Mr von Freyburg was a committed Roman Catholic. "
    … Mr von Freyburg[is]… a member of the Knights of St John of Malta chivalric order. … He initially claimed that Blohm and Voss was involved only in civil engineering projects, but later released a statement acknowledging that the company made warships. …"
  2. Business Insider: The Vatican’s Tie to Mussolini - How The Vatican Built A Secret Property Empire Using Mussolini's Millions
  3. La Repubblica reports: The Institute of Religious Works (IOR) and ten Italian banks ​investigated for money laundering.
  4. Kleiner Perkins Caufield & Byers
    CFR Director Frank Caufield co- founded Kleiner Perkins Caufield & Byers along with Brooks Byers, a member of the Vatican controlled Bohemian Club.
    He is on the board of Caremark, which is run by Thomas M. Ryan, who is a director of the Bank of America, which was founded by a Knight of Malta and is 51% owned by the Jesuits, as reported by Der Spiegel in 1958.

    2013 - Guccifer hacked venture capitalist John Doerr's aol account. Doerr, 61, has a net worth of $2.7 billion and is a strategic adviser and general partner at the venture capital firm Kleiner Perkins Caulfield & Byers. He’s worked with Internet giants Google, Twitter, Amazon and Groupon and on Google's Board of Directors since 1999. “Guccifer” had access to correspondence from Kleiner Perkins partners and even confidential tax documents.



Vatican bank image hurt as JP Morgan closes account
Series of image problems for Vatican bank
By Philip Pullella and Lisa Jucca

VATICAN CITY/MILAN, March 19, 2012
The IOR, founded in 1942 by Pope Pius XII, handles financial activities for the Vatican, for orders of priests and nuns, and for other Roman Catholic religious institutions. JP Morgan Chase is closing the Vatican bank's account with an Italian branch of the U.S. banking giant because of concerns about a lack of transparency at the Holy See's financial institution, Italian newspapers reported. The bank, formally known as the Institute for Works of Religion (IOR), enacted major reforms last year in an attempt to get Europe's seal of approval and put behind it scandals that have included accusations of money laundering and fraud. The move is a blow to the Vatican's drive to have its bank included in Europe's "white list" of states that comply with international standards against tax fraud and money-laundering. The 108-acre sovereign state surrounded by Rome now complies with the rules of the Paris-based Financial Action Task Force (FATF).
Italy's leading financial daily Il Sole 24 Ore reported at the weekend that JP Morgan Chase in Milan had told the IOR of the closing of its account in a letter on Feb. 15. The letter said the IOR's account in Italy's business capital would gradually be phased out starting on March 16 and closed on March 30. Il Sole said JP Morgan Chase informed the IOR that the account was being closed because the bank's Milan branch felt the IOR had failed to provide sufficient information on money transfers.

The financial newspaper, which gave the number of the IOR account, said some 1.5 billion euros passed through it in about 18 months. It said the account was a "sweeping facility," meaning that it was emptied out at the end of each day with funds transferred to another IOR account in Germany.

The closure move by JP Morgan Chase, which was also reported by two leading general newspapers on Monday - Corriere della Sera and La Stampa - was a further blow to the IOR, whose image has been tarnished by a string of scandals. In September, 2010, Italian investigators froze 23 million euros ($33 million) in funds in two Italian banks after opening an investigation into possible money-laundering. The bank said it did nothing wrong and was just transferring funds between its own accounts. The money was released in June 2011 but Rome magistrates are continuing their probe.




THE public image of the bank has also been harmed by the so- called "Vatileaks" scandal, in which highly sensitive documents, including letters to Pope Benedict, were published in Italian media. Some of the leaked documents appear to show a conflict among top Vatican officials about just how transparent the bank should be about dealings that took place before it enacted its new laws.

Summer of 2016 Vatileaks pair convicted of leaks but journalists cleared

The judges said they did not have the authority to try the Italian journalists. The men had argued that their alleged offences of publishing leaked information had not taken place on Vatican soil. Mgr Vallejo and Ms Chaouqui were part of the reform commission. They, along with the priest's secretary Nicola Maio, were accused of leaking documents to the journalists. This is not the first time that Vatican officials have gone on trial over the leak of sensitive documents from the Vatican. In 2012 the last Pope's former butler, Paolo Gabriele, was sentenced to 18 months in jail after being found guilty of stealing sensitive documents from the Pope's desk, in a scandal dubbed Vatileaks. He served nearly three months of his sentence under house arrest in the Vatican before Pope Benedict visited him and personally pardoned him.

Summer 2011 as the Vatican Bank 

for decades a source of some of the Vatican’s biggest scandals – prepared for a crucial test in its drive to adopt international financial standards for transparency, bank officials opened the mysterious redoubt to journalists who were able to tour the facility and question top officials. “We want to lift the ‘veil of secrecy’ hanging around the institute and show that our effort for transparency is real,” Paolo Cipriani, director general of the Vatican Bank, told reporters. That sort of talk is revolutionary in Vatican terms.


Jews Do Not Run The Vatican




The Treaty of Paris of 1763 designated King George III, Arch-Treasurer and Prince Elector of the Holy Roman Empire.
And according to the Encyclopedia Judaica[sic] the Rothschilds bear the title "Guardians of the Vatican Treasury." The Vatican Treasury, of course, holds the imperial wealth of Rome. Imperial wealth grows in proportion to its victories in war -- as the Jesuit empowerment Regimini militantis ecclesiae implies, the Church-at-War is more necessary than the Church-at-Peace. According to H. Russell Robinson's illustrated Armour of Imperial Rome, Caesarean soldiers protect themselves in battle with shields painted red. Since the soldiery is the State's most valuable resource (the Council of Trent admitted this in preferring the Jesuits to all other religious orders), it is easy to understand why the red shield was identified with the very life of the Church. Hence, the appropriateness of the name Rothschild, German for "red shield.” The appointment of Rothschild gave the black papacy absolute financial privacy and secrecy. Who would ever search a family of orthodox Jews for the key to the wealth of the Roman Catholic Church? I believe this appointment explains why the House of Rothschild is famous for helping nations go to war. It is fascinating that, as Meyer Rothschild's sons grew into the family business, the firm took on the title Meyer Amschel Rothschild und Sohne, which gives us the notariqon MARS.




The Most Powerful Banking Interests in the world are run by 'Gentiles'

Vatican Bank 'investigated over money-laundering'
Ettore Gotti Tedeschi, file image The inquiry into Ettore Gotti Tedeschi has surprised the Vatican,
The head of the Vatican Bank, Ettore Gotti Tedeschi, is under investigation as part of a money-laundering inquiry, police sources say. Prosecutors also seized 23m euros  ($30m; £19m) from the bank's accounts with another smaller institution. The inquiry was launched after two suspicious transactions were reported to tax police in Rome. The Vatican said it was "perplexed and astonished", and expressed full confidence in Mr Tedeschi. The Vatican Bank, known officially as the Institute for Religious Works (IOR), was created during World War II to administer accounts held by religious orders, cardinals, bishops and priests.

One of the most powerful forces in international banking is the Knights of Malta, a Roman Catholic military order controlled by the Jesuit Superior General.

Sadly, even a certain segment of the 'alternative media' helps to propagate the LIE that 'the Jews' run international banking. Interestingly, one of the titles of the Rothschild banking dynasty is 'Guardians of the Vatican Treasury'. 'The Jews', as a people, have been used for centuries as a 'scapegoat' by these international banksters and their secret societies, such as the Jesuit-controlled Knights of Malta. To label 'the Jews' as running banking, Hollywood, etc, is to throw out the proverbial 'red herring' designed to throw us off the scent of the 'real controllers'.”
Darryl Eberhart (Editor of Tackling the Tough Topics”; January 28, 2006)

Jesuit Secret Terrorists by Rev. Bill Hughes

Popular governments are those where the government allows its subjects to enjoy certain inalienable rights.

Can you think of any popular governments that were establishing themselves in the worldand granting their citizens certain inalienable rights around the year 1815? Senator Robert L. Owen placed in the Congressional Record of April 25,1916 the following statement, which shows clearly he thought the primary target of the “Holy Alliance” was the United States. The Holy Alliance having destroyed popular government in Spain, and in Italy, had well-laid plans also to destroy popular government in the American Colonies which had revolted from Spain and Portugal in Central and South America under the influence of the successful example ofthe United States.It was because of this conspiracy against the American Republics by the European monarchies that the great English statesman, Canning, called the attention of our government to it. — Ibid. pp. 9, 10. (emphasis added).

Senator Owen understood from the Congress of Vienna that the united monarchies of Europe would seek to destroy the great American republic and its blood-bought freedoms. Senator Owen was not the only one who knew about this conspiracy against American freedom and the constitution. In 1894, R.W.Thompson, American Secretary of the Navy, wrote,

The sovereigns of the ‘Holy Alliance’ had massed large armies, and soon entered into a pledge to devote them to the suppression of all uprisings of the people in favor of free government; and he [Pope Pius VII] desired to devote the Jesuits, supported by his pontifical power, to the accomplishment of that end. He knew how faithfully they would apply themselves to that work, and hence he counseled them, in his decree of restoration, to strictly observe the ‘useful advices and salutary counsels’ whereby Loyola had made absolution the cornerstone of the society. — R.W. Thompson, The Footprints of the Jesuits, Hunt and Eaton, 1894, p. 251.

Thompson pinpointed exactly who would be the agents used by the monarchs of Europe to destroy the republic of America, namely, the Jesuits of Rome! Since 1815 there has been a continual assault on America by the Jesuits to try to destroy the constitutional rights of this great nation.

The famous inventor of the Morse Code, Samuel B. Morse, also wrote:

The author undertakes to show that a conspiracy against the liberties of this Republic is now in full action, under the direction of the wily Prince Metternich of Austria, who knowing the impossibility of obliterating this troublesome example of a great and free nation by force of arms, is attempting to accomplish his object through the agency of an army of Jesuits. The array of facts and arguments going to prove the existence of such a conspiracy, will astonish anyman who opens the book with the same incredulity as we did. — Samuel B. Morse, Foreign Conspiracy Against the Liberties of the United States, Crocker and Brewster, 1835, Preface.


The Jesuit General has been the most powerful man in the world since Pius VII restored the Order or "Company" in 1814.

Because of the Order's suppression by the Pope in 1773, the Jesuits began the Bavarian Illuminati with one of their soldiers, Adam Weishaupt. The Illuminati absorbed the Jewish House of Rothschild creating a colossus of wealth around the world, subject to the Jesuit General. With this financial arm in place the Jesuits then made war on the Vatican including the Pope, the Roman Catholic Monarchs of Europe and the Order of the Dominicans. This Inquisition and Crusade was called "the French Revolution and Napoleonic Wars". For twenty-five years, the Jesuit General's Masonic agents, particularly in the person of Napoleon Bonaparte, conducted war. Bonaparte also punished the Knights of Malta, driving them from their island home to Russia.”
Eric Jon Phelps: "Vatican Assassins”, 2nd Ed., p. 582

The Jesuits, now formally suppressed by the Pope, were allied with Frederick the Great of Prussia and Catherine II of Russia.

The Jesuit General was in control of Scottish Rite Freemasonry and now sought an alliance with the Masonic Baron of the House of Rothschild. To accomplish this he chose a Jesuit who was a German Gentile (not a Jew) by race and a Freemason by association — Adam Weishaupt.
Eric Jon Phelps: "Vatican Assassins”, 3rd Ed., p. 401

John Lord: Beacon Lights of History - John C. Calhoun: The Slavery Question

The Rothschilds were Jesuits who used their Jewish background as a faûze to cover their sinister activities. The Jesuits, working through Rothschild and [financier Nicholas] Biddle, sought to gain control of the banking system of the United States.” [...] "The Jesuits used Biddle and Rothschild to gain the upper hand in American banking because they knew they could then control the people and effectively re-write the Constitution according to papal law. Jackson was trying to stop them. ” [...] "We have already seen that the Rothschilds were the banking agents for the papacy's Church.” [...] "These three financial families, the Rothschilds, Morgans, and Rockefellers all do the bidding of the Jesuit Order because of Jesuit infiltration in their organizations. They do whatever is necessary to destroy constitutional liberty in America and to bring the pope to world domination. As we look back over the 20th century, we see how successful the Jesuits have been. They have continued to squander the wealth of America and continually attack its great constitution and civil liberties. Daily, the power of the pope in Vatican City increases. One day they will achieve total power again.”
Bill Hughes: "The Secret Terrorists”, p. 16+17

Seldom is it mentioned: that the Rothschilds, along with other western bankers and industrialists, financed the rise of Hitler as a bulwark against the Soviets. The ultra-right wing falsely describes the Rothschilds as "Jewish bankers" when, in fact, the Rothschilds are interwoven with the Catholic Church, and, jointly with the traditional mafia and the American CIA, interlocked with the Vatican Bank, which was pro-Nazi.
Sherman H. Skolnick: "The Rockefellers and the Rothschilds” (article)
"... the Jesuits were driven to co-operate with the other two international brotherhoods, the Freemasons and the Jews [Rothschild's Illuminati], in the destruction of the Spanish Empire.”
Salvador de Madariaga, Spanish Statesman: "The Jesuits”, 1820

During the Order's Suppression from 1773 to 1814 by Pope Clement XIV, General Ricci [Eighteenth Superior General of the Society of Jesus, 1758 - 1775] created the Order of the Illuminati with his soldier, Adam Weishaupt, uniting the House of Rothschild with the Society of Jesus.
G. B. Nicolini: "History of the Jesuits: Their Origin, Progress, Doctrines, and Designs”, (London: Henry G. Bohn, 1889) pp. 356, 357.

Jesuit Adam Weishaupt, 1748 – 1811
Founder of the Illuminati, 1776

Born at Ingolstadt, Germany, in the heart of Roman Catholic Bavaria from which originated the Order's Thirty Years' War (1618-1648), Adam Weishaupt, a White German Gentile, was educated by the Jesuits; in 1775 he became a notorious professor of the Vatican's murderous Canon Law, including the evil, Counter- Reformation Council of Trent. Since Pope Clement XIV's Bull of Extinction was not enforced in Lutheran Germany, the Order flourished at its University of Ingolstadt, out of which Weishaupt established the Illuminati in 1776 and joined the Grand Orient Masonic Lodge in 1777. He united the magnificent financial empire of the Cabalistic, Masonic, Jewish House of Rothschild, the "Guardians of the Vatican's Treasury,” with the opulence of the international and secret, anti-Jewish Race, primarily White Gentile Society of Jesus.
Nesta H. Webster: "Secret Societies and Subversive Movements”, (South Pasadena, California: Emissary Publications, 1988; originally published in 1924).

Jewish Encyclopedia (published 1901 - 1906), p. 497

"Weishaupt and his fellow Jesuits cut off the income to the Vatican by launching and leading the French Revolution; by directing Napoleon's conquest of Catholic Europe [as the Order would do with Hitler]; by the revolt against the Church, led by such priests as Father Hidalgo, in Mexico and Latin America; by eventually having Napoleon throw Pope Pius VII in jail at Avignon until he agreed, as the price for his release, to reestablish the Jesuit Order. This Jesuit war on the Vatican was terminated by the Congress of Vienna and by the secret, 1822, Treaty of Verona. . . . Ever since, the Rothschilds have been the fiscal agents of the Vatican.” Emanuel M. Josephson, Jewish American Physician & Historian: "The “Federal” Reserve Conspiracy & Rockefellers”, 1968

You'll also find ex British Intelligence officer Dr John Coleman expose how the Rothschilds and even the Rockefellers wealth simply doesn't come close to some of the members of the Committee of 300 which is controlled by the Order of the Garter, Pilgrim Society, all inner cores of the SMOM! [...] The Jews were bought into positions of power within Banking back in 1066 by the Norman Anglo-Saxon Monarchs. For this they accepted being controlled. Remember that the Law of Banking is known as International Maritime Admiralty Law. This Maritime Law was based on VATICAN Canon Law. All the "War Banks" known as Central banks get controlled from SMOM controlled Switzerland. The Federal Reserve pays the Bank of England which finally ends up in the Swiss Bank of International Settlements. All you need to do is study the SMOM and its members then look whos who in Banking. Suspicious decorations and obedience Early in the 19th century the Pope approached the Rothschilds to borrow money. The Rothschilds were very friendly with the Pope, causing one journalist to sarcastically say "Rothschild has kissed the hand of the Pope. . . Order has at last been re- established" Derek Wilson: ”Rothschild: The Wealth and Power of a Dynasty”, p. 101

Carl Mayer (Kalman) Rothschild (*1788-†1855, Oesterreich)
He even granted Pope Gregory XVI cash injections and was received on January the 10th 1832 in audience, the kiss on the hand allowed and the Order of Saint George awarded.


The Jesuit controlled SMOM has a permanent observer status at the UN.

Who created the CFR which created the UN?
The SMOM. The Jesuits control the CFR.

The Rothschilds are simply Court Jews for the Papacy and always will be unless they play up, then the Papacy will simply annilate them by any means necessary. If you look at whats going on in this world properly you can see the Roman Catholic control quite clearly. The Rothschilds have been under the Black Pope's thumb since the 18th Century. Be careful of the many diversionists out there playing with your mind. The Jesuit ALWAYS control both sides.

When you put money in the bank does the bank own that money or can you remove it and place it in another bank or under your matress? Yes if theres a crash you can loose your money but the Jesuit will never loose his money. Remember the whole banking system is fully controlled by the SOVEREIGN MILITARY ORDER OF MALTA and has been for eons. Switzerland is their Banking HQ closely followed by 'The City', NYNY and Dubai. Rothschild is subordinate to the JESUITS and the SMOM commanders period. You need to understand how the Jews were granted the positions of power within the SMOM Banking. Look to 1066 and the agreement with them being ruled by the Norman Anglo-Saxon monarchs. These jews have their uses to the Jesuit, the Jesuit isn't stupid, he will utilise what he can to make his power cemented and stronger. The 4th vow Jesuits are the most organised of any order known and the most powerful.
What do you hear daily? ROTHSCHILD, ROTHSCHILD. What didn't you hear about much at all until recently? THE JESUITS and THE SUPERIOR GENERAL. For that matter the SMOM still are kept pretty much quiet in the infowars.


The Council on Foreign Relations was created by the Sovereign Military Order of Malta back in 1921 after their creation of the Royal Institute of International Affairs in 1919. Both of these control the 1868 corporation known as the United States. Both are arms of the SMOM via their inner cores within 'The City' known as Pilgrim Society, Order of the Garter and Committee of 300. The CFR created the United Nations. Now notice how the SMOM have PERMANENT OBSERVER STATUS within the United Nations.

Dynasties: The Holy Roman Empire

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