AssetID: 54978215
Headline: UNCAPTIONED: Vatican Faces Money-Laundering Allegations Amid Financial Scandal
Caption: Vatican Faces Money-Laundering Allegations Amid Financial Scandal. The Vatican is under scrutiny for allegedly using a “skeleton key for money laundering” by manipulating bank transfers, according to former officials. The Vatican’s former financial head claims the payroll agency could alter transaction details, hiding recipients and senders, possibly enabling illicit transfers. The allegations come at a challenging time for Pope Leo XIV, who is working to improve the Church's financial reputation amid past scandals. Vatican officials deny the claims, with experts arguing the manipulation of SWIFT transactions is technically impossible, though the allegations are still being taken seriously. Libero Milone, the Vatican's former auditor, is at the center of the allegations, having previously been forced out after uncovering financial misconduct. Milone alleges he was pushed out after identifying wrongdoing linked to Cardinal Giovanni Angelo Becciu, who was convicted of embezzling Vatican funds. Milone recently discussed the alleged IBAN-editing tool, describing it as a “skeleton key for money laundering” that could blacklist the Vatican from international banking. Despite corroborating the allegations in a press conference, Milone declined to provide further documentation or evidence, claiming he didn’t want to draw attention. The allegations also involve Cardinal George Pell, who reportedly asked Milone to investigate the tool before returning to Australia to face abuse charges. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Vatican,money laundering,Libero Milone,SWIFT,IBAN editing,financial scandal,Pope Leo XIV,Giovanni Angelo Becciu,international banking
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