URGENT! Make a gift that will be doubled. We have $9,956 left to match by December 1st.
Click here to advertise on CatholicCulture.org

Vatican hires consultant to strengthen defenses against money-laundering

Catholic World News - September 11, 2012

The Vatican has hired an expert consultant to strengthen its safeguards against money-laundering.

In July an appraisal by European banking investigators, the Moneyval group, gave the Vatican passing grades for transparency, but called for further steps to reduce the possibility of money-laundering. Reponding to the Moneyval suggestions, the Vatican has engaged Rene Bruelhart, a Swiss lawyer who has been heading the financial-investigations unit of Liechtenstein’s government.

Bruelhart is regarded as one of the leading international figures in detecting and preventing money-laundering and the financing of illegal and terrorist activities. Bruelhart has already begun working with Vatican officials, helping to beef up defenses against illicit financial activities.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Our Fall Campaign
Progress toward our year-end goal ($64,039 to go):
$150,000.00 $85,961.12
43% 57%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Fall 2014 Campaign
Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Art and theology, beauty and truth, work together in the New Evangelization November 21
Anatomy of Conversion November 21
Anatomy of Conversion November 21
It is a failure of mercy to deny sin November 20
Yesterday's news, tomorrow November 20

Top Catholic News

Most Important Stories of the Last 30 Days