Search results
Results From The WOW.Com Content Network
The Vatican leaks scandal, also known as Vatileaks and Vati-Leaks, is a scandal beginning in 2012 initially involving leaked Vatican documents, exposing corruption.Italian journalist Gianluigi Nuzzi published letters from Archbishop Carlo Maria Viganò in which he exposed corruption that caused the Holy See to pay increased prices for contracts.
The Supervisory and Financial Information Authority (Autorità di Supervisione e Informazione Finanziaria, or ASIF) is the central institution in the Holy See and Vatican City State that is responsible for the prevention and countering of money laundering, terrorist financing and the financing of the proliferation of weapons of mass destruction ...
The Vatican received grades of "compliant" or "largely compliant" on 22 out of 45 guidelines and adhered to international standards in 9 out of the 16 core points. [66] Moneyval stated that the Vatican "has come a long way in a very short period of time" and stated that the city state met the international requirements in 9 out of 16 core topics.
The Vatican’s payment of 15 million euros to Italian broker Gianluigi Torzi to get full ownership of the building is at the heart of the trial into the London property, which has grown to ...
Considering stock market conditions and a recent Rothschild offer to Egypt to refinance its debt, Tosti attempted to refinance the debt in more favorable terms; Rothschild opposed such an early refinance, fearing losses to his own bank and disrepute to Vatican bond issuances. [5]
Banco Ambrosiano was an Italian bank that was established in 1896 and collapsed in 1982. The Vatican-based Institute for the Works of Religion, commonly known as the Vatican Bank, was Banco Ambrosiano's main shareholder.
The assets entrusted to the administration (previously in the care of what was its Extraordinary Section) were initially 750 million Italian lire (at that time equivalent to £8,152,000) in cash and 1 billion Italian lire (at that time equivalent to £10,869,000) in Italian State bonds, an amount less than Italy would have paid under the Law of Guarantees of 1871, if the Holy See had accepted ...
His transition to the Pentagon’s top civilian post will bring a pay cut, as the defense secretary position paid $246,000 in 2024. Hegseth pulled in $765,000 from speaking fees, charging between ...