Apostolic Nuncio Accused of Money Laundering to Enter Plea Bargain
The decision to negotiate a plea bargain, according to Archbishop Balestrero, came “painfully” since “we deem we have no criminal responsibility.”
Results from Tag: 'money laundering'
Is Money Laundering the Reason for Unexplained Funds Transfer from the Vatican to Australia?
Senior Vatican officials tell the Register they are continuing to investigate reports that $1.8 billion was wired between 2014 and 2020, but what happened and why remains very unclear.
Vatican Officials Arrest London Property Broker for Extortion and Money Laundering
Gianluigi Torzi is being charged by Vatican prosecutors with several counts of “extortion, embezzlement, aggravated fraud and money laundering,” the Holy See said, noting that the crimes Vatican Law provides for sentences of up to twelve years imprisonment for such crimes.
How Does the Vatican Stop Money Laundering?
ANALYSIS: A new progress report said that, despite some things that need to be fixed, the Holy See’s commitment to financial transparency meets international standards.
