VATICAN BANK TOP 10 MONEY LAUNDERING
DESTINATION
According
to one global source, the Vatican is the main destination for
over $55 billion in illegal Italian money laundering and the number
8 destination worldwide for laundered money, ranked well ahead
of such offshore havens as the Bahamas, Switzerland, and Liechtenstein.
In a recent report by the London Telegraph and the Inside Fraud
Bulletin, the Vatican was named as a top "cut out" country
along with the offshore banking centers of Nauru, Macao, and Mauritius.
A "cut out" country is one whose banking secrecy makes
it is all but impossible to trace laundered funds back to their
source.
The Vatican Bank is desperately resisting a legal action for an
accounting of stolen World War II assets in a San Francisco Federal
court (Alperin v. Vatican Bank) filed by Serb and Jewish Holocaust
survivors. Contrary to the above reports, a declaration filed
under penalty of perjury by the Vatican Bank's attorney, Franzo
Grande Stevens, states in part that the Vatican Bank's "fundamental
purpose is to promote pious acts" and that its depositors
"are essentially limited to Vatican state employees, members
of the Holy See, religious orders, and persons who deposit money
destined, at least in part, for works of piety." Stevens
also declared to the court that the Pope controls the Vatican
Bank and that bank records are not retained after ten years.
It seems that the Vatican Bank, a major illegal money laundering
operation, is hiding behind the benign image of John Paul II.
Given the Vatican Bank's alleged involvement with Nazi loot and
current links to organized crime, a reckoning cannot be far off.
The accumulating evidence points to a more piratical than pietical
Vatican Bank.
For more information see:
www.vaticanbankclaims.com
Law Offices of Jonathan Levy and Thomas Dewey Easton
November 23, 2001
Law
Offices Of Jonathan Levy
and Thomas Dewey Easton
Tel. 513-528-0586
Jlevy1@cinci.rr.com
|