TV News LIES

Friday, Jul 28th

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...


Derek Harvey,Trump's top Middle East aide, ousted

Derk Harvey fired as Mid East aideDerek Harvey, the president’s top Middle East adviser, was dismissed on Thursday by national security adviser...

Inside Trump’s snap decision to ban transgender troops

Trum bans transgenderAfter a week sparring with his attorney general and steaming over the Russia investigation consuming his...

Justice Department Argues Landmark Civil Rights Law Doesn’t Protect Gay People

Jeff Sessions: Civil Rights laws does not cover LGBT peopleThe Department of Justice argued in a legal brief on Wednesday that the landmark Civil Rights...

Jared Kushner faced second day of questions in Russia probe

jared testifies for second dayMembers of the House Intelligence Committee investigating Russia election interference questioned White House senior adviser Jared...
 
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!