TV News LIES

Friday, Oct 31st

Last update12:33:24 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...


Blackwater Founder Remains Free and Rich While His Former Employees Go Down on Murder Charges

Erik PrinceJust as with the systematic torture at Abu Ghraib, it is only the low level foot-soldiers...

Report: CIA Protected 1,000 Ex-Nazis It Hired As Cold War Spies

CIA, FBI hired NazisThe CIA and other U.S. agencies hired at least 1,000 ex-Nazis to serve as spies during...

Pope says evolution, Big Bang are real

Pope says evolution realPope Francis has waded into the controversial debate over the origins of human life, saying the...

Feds confused, investors panicked over Takata airbags

air bag recallsU.S. safety regulators today dramatically boosted, to at least 7.78 million, the number of U.S. vehicles...
 
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!