![]() ![]() The anecdotal evidence they provide is shocking, at the very least. He and his fellow Millenarians strongly believe that the Church they love cannot survive if the ruling powers are mired in bureaucracy, rampant careerism, corruption and lack of accountability. The book, Universal Judgment, is the latest in a string of revelatory dispatches by Nuzzi, an Italian reporter with a long history of unearthing financial crises within the church. By Philip Pullella VATICAN CITY (Reuters) - The Vatican on Tuesday dismissed allegations in a new book that the Holy See risks default in the next few. "The book was an act of love for the Church," Marinelli has been quoted as saying. In the book, Pell makes repeated reference to his three years at the Vatican trying to impose international accounting, budgeting and transparency standards on the Holy See's notoriously siloed. One of the group, Luigi Marinelli, was compelled to step forward, and his livelihood and life have been threatened in the balance. This group, which has referred to itself as the Millenarians, has preferred anonymity for fear of repercussions from the publication of this book. A small group of Vatican prelates felt they could not participate in the code of silence that has allowed corruption and hypocrisy to flourish within the seat of power of one of the world's biggest, most influential religions. After all this time, the all-powerful Vatican remains a complete mystery to all those outside its walls. The corruption of the Vatican The trial of Cardinal Becciu could destroy the reputation of the Holy See BY Damian Thompson. The sale, under these conditions, would have allowed the Holy See to make a real capital gain.Centuries have passed and secularism seems to have a stronghold on our world view, but the Vatican still rules the practices and doctrines of more than a third of the earth's people with arguably the same iron fist it always has. This sum reaches 132 million euros if one relates it to the real sale price of the building announced today.įor his part, the businessman Raffaele Mincione, questioned on June 7 during the trial, stated that, according to his plans, the sale should have been carried out at around 350 million pounds sterling ($423 million USD) after an additional investment of 115 million euros to redevelop the building. The Financial Times, in November 2021, mentioned for its part losses of around 115 million euros in case of sale at 230 million euros. ROME Pope Francis has stripped the Vatican’s most powerful office of its significant financial assets, the Vatican said Monday, after dubious investments. This loss is a significant increase compared to the first estimates, which a year earlier estimated the losses at 76 and 166 million euros. Dwight Longenecker, whose blog has a 23-part podcast series on the history of the. It is a new volume and very good, said Fr. Vatican II paints a disturbing picture of decline and corruption. Timeless: A History of the Catholic Church, by Steve Weidenkopf. It would have been followed by other investments later, not communicated at the moment by the Holy See, as well as by the payment of 15 million euros to finance a takeover operation led by the broker Gianluigi Torzi in 2019.Īt the eighth hearing of the trial of the London building in February 2022, the civil parties – the Holy See – estimated the losses at 217 million euros ($226 million in USD). The book became an instant classic, in part because the CIA bought up all the copies. The losses of the Holy See in the operation are difficult to assess, although it is known that the first investment of the Holy See made to acquire this property was 200 million dollars. Unzipped: The Popes Bare All : A Frank Study of Sex and Corruption in the Vatican. Losses difficult to calculate at this time ![]()
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