TV News LIES

Friday, Sep 30th

Last update05:20:13 AM GMT

You are here News Of Special Interest The Vatican's New Chief Banker Has Financial Ties to Warships

The Vatican's New Chief Banker Has Financial Ties to Warships

E-mail Print PDF

Vatican chief bannerWith controversy already surrounding Pope Benedict XVI's surprise retirement announcement from earlier this week, another scandal is brewing in Vatican City. Vatican officials have long maintained that no church money goes to funding war, but today they scrambled to address concerns over their newly appointed bank president, who has business ties to a warship builder.

The pope approved German lawyer Ernst von Freyberg to head the Vatican bank (officially known as the Institute for the Works of Religion) today, according to a Reuters report. The appointment could be Benedict's last major decision before he retires at the end of the month, and Catholics are counting on von Freyberg to rehabilitate the tarnished image of a bank beset by last year's money laundering scandals. The bank has been without a president since Ettore Gotti Tedeschi's ouster in May 2012.

Freyberg's appointment appeared to running smoothly, with Vatican spokesperson Rev. Federico Lombardi playing up his aristocratic connections with the Sovereign Military Order of Malta, an ancient European chivalric organization. But Rev. Lombardi appeared taken aback by a journalist's question about von Freyberg's position as a chairman with Blohm + Voss, a company involved in military ship construction. AP's Nicole Winfield summarizes his response:

More...


Most Recent Related Stories...


Unable To Name A Foreign Leader, Gary Johnson Has Another 'Aleppo Moment'

Gary JohnsonAsked to name his favorite foreign leader, or any foreign leader he admires, Libertarian nominee for...

Aleppo civilians plead for help as Syria fighting rages

Aleppo disasterSyrian civilians trapped in the besieged city of Aleppo have made desperate pleas for help, as...

16 more women accuse former USA Gymnastics doctor of sexual abuse

Gymnast doctor accused by 16 more womenIn the two weeks since IndyStar reported sexual abuse allegations against former USA Gymnastics team physician...

Canada detains hundreds of children for immigration violations, report finds

Canada detains hundreds of refugee children Canada regularly detains hundreds of children who have run afoul of the country’s immigration laws –...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!