Australian agency admits serious error in reporting Vatican bank transfers
- Jan 13, 2021
Australia’s financial crime watchdog agency said it over-estimated by the equivalent of more than US$1.5 billion the amount of money transferred from the Vatican to Australia between 2014 and 2020.
The Australian government’s financial intelligence agency said Thursday it is reviewing its data after questions were raised about its report that $1.8 billion were transferred from the Vatican to Australia over six years.
Australia’s bishops are seeking answers after the country’s financial watchdog reported that there have been over 47,000 separate transfers from the Vatican or affiliates worth $1.8 billion in the past seven years.
Bishop Paul Martin of Christchurch has been appointed coadjutor Archbishop of Wellington in New Zealand.
The first evening Australian Cardinal George Pell was incarcerated, he began writing a record of his thoughts and experiences in the form of a diary.
Thieves broke into a school this week and stole an inflatable Santa along with Christmas decorations set up to celebrate the school’s 70th anniversary, the school principal said.