Vatican Property

Newspiece in a UK paper which links Vaticans property empire to funding from Mussolini

Vatican denies it built property empire on back of Mussolini’s money–secret-property-empire–report.html

“I am amazed by the article in the Guardian, which seems to come from someone who is among the asteroids,” said Vatican Spokesperson Father Federico Lombardi in response to the article accusing the papacy of using money originally handed over by fascist dictator Mussolini in exchange for Vatican recognition of his regime and offshore tax havens to create an international portfolio worth £500 million with real estate in the UK, France and Switzerland. “These things have been public knowledge for 80 years” as a result of the 1929 Lateran Pacts regulating relations between the Italian state and the Roman Catholic Church, the spokesman added.

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