If anyone is interested in Catholic Church finances, I highly recommend the article “Karol Wojtyla and the secrets of Vatican finances” appearing in the new online English edition of the Italian newspaper, La Stampa, “Vatican Insider” website. (Note to those who will read the article: SpA is the Italian equivalent of Inc. or Ltd. The Democrats referred to in the article are the Christian Democrats, an Italian political party.)
Published in 2009, author Gianluigi Nuzzi’s book, Vatican SpA “reveals how a sort of ‘private affairs office’ inside the Vatican had worked to straighten or silence the most embarrassing and troubled financial affairs in the years of Karol Wojtyla.”
The book is based on “over 4 thousand documents that make up the archive of a privileged witness: Monsignor Renato Dardozzi” who “for twenty years was one of the few advisors of the cardinals who succeeded to the Secretary of State, from Agostino Casaroli to Angelo Sodano. Dardozzi wanted that after his death, in 2003, his endless archives be made public.”
The IOR or Vatican Bank “is a unique ‘off shore’ corridor for politicians around the world who want to keep their money away from legal controls – specifies Nuzzi. The IOR is like a credit card that ensures privileges to be granted in exchange for political backing, legal provisions and, business support” according to the author of the article.
“From the archives of Dardozzi emerges that a flow of money, including cash and bonds, was conveyed into a kind of parallel IOR, an off-shore web of screen deposits made out to charities and non-existent beneficial foundations with cynical names (‘Foundation for poor children’, ‘Fight against Leukemi’), a spider web built in secret for years by Bishop Donato De Bonis, former secretary and successor [Archbishop Paul] Marcinkus, appointed prelate of the IOR by Casaroli.”
It’s too lengthy to cut and paste but this is the URL. http://vaticaninsider.lastampa.it/en/homepage/the-vatican/detail/articolo/beatificazione-di-giovanni-paolo-ii-karol-wojtyla-giovanni-paolo-ii-marcinkus-finanza-86/
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