Vatican reveals property holdings for first time in transparency drive

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Documents show the Vatican owns 4,051 properties in Italy and about 1,120 abroad, not including its embassies around the world

Pope Francis salutes the crowd as he arrives for the Angelus noon prayer from the window of his studio overlooking St. Peter's Square, at the Vatican on July 18, 2021.The Vatican released information on its real estate holdings for the first time on Saturday, revealing it owns more than 5,000 properties as part of its most detailed financial disclosures ever.

The 30-page APSA budget showed that it owns 4,051 properties in Italy and about 1,120 abroad, not including its embassies around the world. On Tuesday, the trial of 10 people in connection with its purchase, including a prominent cardinal, starts in the Vatican. They are charged with financial crimes including embezzlement, money laundering, fraud, extortion and abuse of office.Father Juan Antonio Guerrero, head of the Vatican’s Secretariat for the Economy , told the official Vatican News website that the building would be sold soon.

A separate consolidated financial statement for the Holy See issued on Saturday showed a 64.8 million-euro deficit in 2020, down from a 79.2-million deficit in 2019.

Source: Entertainment Trends (entertainmenttrends.net)

 

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Time to slip into the orange robe and say good night.

When they can reveal their black history of child abuse and genocidal atrocities.

And there’d be billions more hidden under those frocks……

Boy their tax tax bill must be a bugger...,

Seize all assets owned by the Pontifex in 🇨🇦, sell the properties, and turn $$$$$ over to 🇨🇦's FirstNations!

And the answer is…

vatican: and this is a charming little split-level we bought in '98 everyone: GET TO THE PART OF THE TRANSPARENCY DRIVE WE CARE ABOUT

Like the layers of an onion, the Vatican won’t be showing all its property holdings, but only the most obvious. Honesty is not their strong suit.

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