Pope Imposes Decree: “All Assets Back to Vatican by 1 October”

Behind the overwhelming news barrage relating to the Queen’s passing, something big is brewing. The Vatican is battening down the hatches.

Vatican Pope Francis

here’s the official line from The Catholic Herald:

“Pope Francis has moved decisively to clean up corruption in Vatican finances and to avoid a repeat of the high-profile botched investment in a London property that resulted in a loss of 140 million euros.

The Holy Father issued a document called a “rescriptum”, which explicitly ordered all investments made by Vatican departments to proceed through the Institute of Works of Religion (IOR), also known as the Vatican bank.

The order gives all Vatican departments until October 1 to close their investment accounts or stock holdings in foreign banks, including those in Italy, and to transfer them to the IOR.

Crucially, the move centralises investments by the Vatican in an institution which is subject to international standards and inspections by financial watchdogs.

It is the culmination of a policy first mooted during the period when Cardinal George Pell was in charge of reforming Vatican finances.’ continues at source:

Pope puts faith in Vatican Bank to prevent repeat of London property scandal – Catholic Herald

AP News report:

Pope imposes deadline for Vatican to transfer assets to bank | AP News

And here’s an analysis via Clare Swinney putting a more controversial angle on the story:

On its own, I wouldn’t pay much attention. But in the context of all that is currently unfolding, one should sit up and take notice. Martin

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Martin Harris

I have a lovely partner and 3 very active youngsters. We live in the earthquake ravaged Eastern Suburbs of Christchurch, New Zealand. I began commenting/posting on Uncensored back in early 2012 looking for discussion and answers on the cause and agendas relating to our quakes. I have always maintained an interest in ancient mysteries, UFOs, hidden agendas, geoengineering and secret societies and keep a close eye on current world events. Since 2013 I have been an active member of theCONTrail.com community, being granted admin status and publishing many blogs and discussion threads. At this time I'm now helping out with admin and moderation duties here at Uncensored where my online "life" began.

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