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malaise

(269,094 posts)
Thu Aug 13, 2015, 06:59 AM Aug 2015

Can Pope Francis clean up God’s bank? Fascinating Read

http://www.theguardian.com/world/2015/aug/13/can-pope-francis-clean-up-gods-bank
<snip>
At 6.30 on the morning of 28 June 2013 – just three months into the reign of Pope Francis – officials of the Guardia di Finanza, the Italian law enforcement agency for financial crime, pulled up in front of a rectory in Palidoro, a quiet seaside town west of Rome. When they rang the bell, the cleric who came sleepily to the door was informed that he was under arrest. A few hours later, wearing a well-cut grey suit, Monsignor Nunzio Scarano was shown into a cell in the Regina Coeli, Rome’s most overcrowded prison.

Scarano, a suave, handsome priest known for his extravagant lifestyle (his nickname among other priests was Monsignor Cinquecento, My Lord Five Hundred, because of his habit of carrying only €500 banknotes), was head of accounting at the Amministrazione del Patrimonio della Sede Apostolica (APSA) – the body that then managed the Vatican’s property holdings and controlled its purchasing and personnel departments. His arrest made front-page news. He was accused of trying to smuggle €20m on a private plane across the border from Switzerland in a money-laundering conspiracy involving the Vatican bank, an agent of Italy’s secret services and an Italian broker under suspicion for running a Ponzi scheme.

Doubts about Scarano had first been aroused six months earlier, when he had reported a burglary at his apartment in the city of Salerno, south of Naples. Paintings from his art collection had been stolen, he claimed. When the police arrived at the 17-room apartment on Via Romualdo Guarna, in one of the city’s wealthiest neighbourhoods, they were startled by its opulence. It was furnished with valuable antiques, and a spectacular display of art lined the walls in hallways divided by Romanesque columns. Scarano’s collection included a painting attributed to Chagall. Police reports estimated the missing artworks were worth €6m.

But the Scarano scandal had much wider implications. Investigators suspected that he had been operating APSA as a “parallel bank”, through which Italian VIPs could avoid taxes and the mafia launder the profits of illegal activity. Scarano denied it all but, just a few days after his arrest, two of the Vatican bank’s three top officials suddenly quit their jobs.
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Adrahil

(13,340 posts)
1. To parahrase Capt. James Kirk....
Thu Aug 13, 2015, 07:05 AM
Aug 2015

Why does God need a bank?

I kid, but only a little. The Vatican has such a filthy hostory of corruption, it will be very hard for Francis to reform it. Batican corruption is prqctically a tradition. Good luck to him. He's gonna need it!

malaise

(269,094 posts)
3. I always say that the Catholic Church is the oldest multinational corporation
Thu Aug 13, 2015, 07:24 AM
Aug 2015

on the planet - so corruption is assumed - and yes he must be upsetting the 'establishment'.

 

Bluenorthwest

(45,319 posts)
4. I am so sick of the hypocritical fucking Straight Culture on DU, this Francis is a bigot. Do you not
Thu Aug 13, 2015, 08:17 AM
Aug 2015

understand what that means? The reeking elitist entitlement of this constant promotion of a hate monger on DU is a symptom of the double standard to which the heterosexuals of this site are dedicated.

This man you praise all the time, he teaches that condoms spread HIV. How many will die from AIDS in Africa this month alone? Over 100,000. So you Pope promoters, you want to tell me you think black lives matter while you side with the lie that decimates Africa? You want to look me in the eye and say 'those lives are secondary to my adoration of this shitty man in robes'? Want to?

malaise

(269,094 posts)
10. I am an atheist who gave up on the Catholic Church in my early teens
Thu Aug 13, 2015, 10:16 AM
Aug 2015

I can still post a thread on an important story

Octafish

(55,745 posts)
7. That is the best news and report on the 'Vatican Bank' in my memory.
Thu Aug 13, 2015, 09:32 AM
Aug 2015

Thank you, malaise. Anyone who wants to see real change can now follow the money. Before it was a Byzantine conspiracy.

Who remembers Propaganda Due?

Octafish

(55,745 posts)
12. P-2, the Republicans, and Ledeen
Thu Aug 13, 2015, 12:18 PM
Aug 2015

Thank you for the video. Amazing to see some of the people who were made history.



Growth of Reagan's Contra Commitment

excerpted from the book

The Iran-Contra Connection

Secret Teams and Covert Operations in the Reagan Era


by Jonathan Marshall, Peter Dale Scott , Jane Hunter

South End Press, 1987, paper

EXCERPT...

P-2, the Republicans, and Ledeen

But P-2 had equally strong links to both the CIA and the Republican Party. Under President Nixon, the CIA allocated X 10 million for centrist and right-wing parties in the 1972 Italian elections. The U.S. Embassy in Rome was acutely divided over whether the money should go through Sindona, who appeared to have "a direct line to the [Nixon] White House," or Italian Intelligence Chief Vito Miceli, implicated in a 1970 CIA-financed coup attempt with delle Chiaie. Both Sindona and Miceli, as it happened, were part of the P-2 connection.

Sindona's U.S. investments were partnered by the Continental Illinois bank headed by Nixon's first Treasury Secretary, David Kennedy, and his interests were represented by the law firm of Nixon and his Attorney General John Mitchell. "In Italy, Sindona orchestrated the efforts of the neo-Fascist deputy Luigi Turchi to garner support for Nixon's election campaign. Sindona even offered S I million, on condition of anonymity, to CREEP treasurer Maurice Stans. The offer was refused." Turchi's efforts were co-ordinated by Philip Guarino of the Republican National Committee, a P-2 associate later implicated in the plotting to help Sindona escape prosecution.

We have seen how in 1980 Cline's associate, Michael Ledeen, published an article (at the beginning of the 1980 election campaign) "savaging Admiral Stansfield Turner for forcing Ted Shackley [one of Edwin P. Wilson's senior CIA contacts, a veteran of the anti-Allende operation] out of the agency. A year later Michael Ledeen, in his new capacity as the Reagan State Department's expert on terrorism, was now in a position to help close off the investigation of those (specifically Shackley and von Marbod) who were being investigated along with Edwin Wilson, perhaps the world's most notorious ex-CIA terrorist.

Ledeen's efforts in 1980 on behalf of Shackley were paralleled by a dirty tricks campaign on behalf of Reagan in alliance with P-2 members of the Italian intelligence service SISMI. The chief of these, Francesco Pazienza, was a financial consultant of Roberto Calvi at the Banco Ambrosiano. Pazienza was ultimately indicted in an Italian court (with Ledeen as an unindicted co-conspirator) for luring President Carter's brother Billy into a compromising relationship with Qaddafi during the 1980 presidential campaign. According to Edward Herman and Frank Brodhead, the prosecuting judge ...had evidence that "SISMI was the architect of the scandal over

Billy Carter," and that the material in this case was gathered mostly by Pazienza and by his American friend Michael Ledeen...." Pazienza availed himself of SISMI both for the use of some secret agents and for the expenses of organizing the scandalous plan. It seems that the organizers got a huge payoff for 'Billygate.' Moreover, [SISMI chief] Santovito [a P-2 member] and Pazienza got great advantages in return from American officials."

Ledeen published his Billygate stories in three pro-Israeli publications: the New Republic of Martin Peretz, and two journals controlled by Sir James Goldsmith, the chairman of the Banco Ambrosiano-linked oil company BRISA, and later one of the multimillionaires consulted by Reagan in his Project Democracy.

In 1980 Ledeen was also in high gear, allegedly again with assistance from Pazienza, as a propagandist for the notion of a terrorist threat requiring a beefed-up U.S. intelligence response. Given access in 1980 to a Czech defector from twelve years earlier (Jan Seina), Ledeen elicited from him the information, which Seina had never volunteered in his extensive CIA debriefing, that the Soviet Union maintained a network of terrorist training camps as part of its plan for global domination. According to Herman and Brodhead, Ledeen had Seina reaffirm the contents of a purported document on Soviet sponsorship of terrorism which Seina had willingly claimed to be authentic a decade earlier, and which was in fact a CIA forgery shown to Seina for the purposes of testing his credibility.

This document and corroboration then became central to the case built by Ledeen and his friend Claire Sterling to show that the KGB and Bulgarian drug traffickers had plotted to have the Turkish fascist Mehmet Agca kill the Pope. This story was of course augmented by the "confession" of the assassin, whose testimony was later discounted as not credible. This confession now appears to have been generated by P-2 SISMI agents linked to Ledeen, among whom may or may not have been Pazienza.'

What inspired Michael Ledeen's zeal on behalf of Reagan and the shadow network? European journalists have suggested that an unspecified "huge payoff" to the SISMI P-2 organizers of Billygate was followed by a payment of at least $120,000 plus expenses from SISMI to Ledeen in 1980-81, after Ledeen "sold old U.S. intelligence reports to SISMI at stiff prices." But there are indications that Ledeen had an affiliation, not just with SISMI, but (like his ally Pazienza) with P-2. There are unexplained stories that "Ledeen had links with Gelli...and that Ledeen, on behalf of the State Department, had tried to buy 480 P-2 files photocopied by the Uruguayan interior ministry" after a raid provoked by the P-2 scandal revealed by the investigation of Sindona.

It is obviously a convenient arrangement when P-2 contributions and favors to a right-wing U.S. President can be followed by the release of S 10 million in unvouchered CIA funds for political use by P-2. No doubt their knowledge of such arrangements must have fuelled the zeal of Carter and Turner to cut back on the CIA's clandestine services. Conversely, the CIA's cutback on clandestine operations and subventions spelled both political and financial disaster for parallel operations, such as Wilson's and Sindona's, which had fattened on CIA handouts. The end of U.S. intelligence subsidies to Wilson's company Consultants International is clearly responsible for Wilson's move into the illegal Libyan deals for which he was eventually jailed. The same drying up of the CIA cash flow to right-wing assets appears to have contributed to the failure of Calvi's Banco Ambrosiano; and of another intelligence-related bank whose operations interlocked heavily with Wilson's: the drug-linked Nugan Hand Bank of Australia. Thus CIA reforms had the effect of building a powerful coalition of both Americans (ousted CIA clandestine operators, the Taiwan-Somoza lobby, the ASC) and foreigners (WACL, P-2), determined to restore the clandestine operations which had been cut back by four different directors of central intelligence (Helms, Schlesinger, Colby, and Turner).

Whatever the details, it appears that the P-2 Republican connection remained as healthy in 1980 as it had been in 1972. Licio Gelli, the head of P-2, was invited by Republican bigwig Phil Guarino to Reagan's inaugural ball.

CONTINUED: http://www.thirdworldtraveler.com/Ronald_Reagan/ReaganContraCommit_TICC.html



Mille grazie, malaise. The news Pope Francis is serious about reform has changed my, eh, outlook for the future. The warmongers, child molesters, banksters and greedheads didn't think him possible.

Octafish

(55,745 posts)
14. My Friend, were it not for him, The Machine would win...
Thu Aug 13, 2015, 01:07 PM
Aug 2015


...and people like him in spirit. You also get the picture without humanity: Supercomputers. Robots. Cheney. NAZIs. The End. At least for 99-percent of us: Blacks. Browns. Reds. Yellows. Africans. Jamaicans. Puerto Ricans. Liberals. Democrats. DUers. ETA Most Whites, too, Etc. who don't enjoy access to the Secret Undisclosed, Secure Location.

MBS

(9,688 posts)
8. Amazing article.
Thu Aug 13, 2015, 09:33 AM
Aug 2015

Thanks for your bravery, Pope Francis.
As he said (see the article): fretta: faster, stronger, more.

MBS

(9,688 posts)
9. a few illustrations and another excerpt from the article
Thu Aug 13, 2015, 10:03 AM
Aug 2015
The pope was clear that no compromise could be permitted in the pace of change. His watchword was the Italian fretta, meaning faster, stronger, more.

Francis has not just set the wheels in motion, he is following up. “We speak every fortnight,” Pell revealed – and more often, if the Australian prelate requires help or advice. “He understands money and he’s interested in it. Honesty, efficiency and transparency are his priorities.” The pope has backed the reform effort at every turn. “Whenever there were things we couldn’t clean up on our own, he’s been there to support us.”


Two of the illustrations can be found here. .
a mural (Pope Francis as Superman) in downtown Rome:
http://www.theguardian.com/world/2015/aug/13/can-pope-francis-clean-up-gods-bank#img-2
photo of a Vatican Bank ATM:
http://www.theguardian.com/world/2015/aug/13/can-pope-francis-clean-up-gods-bank#img-3
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