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Australia's financial watchdog is reviewing calculations for transfers worth US$1.8 billion sent to the country from the Vatican since 2014, after the Vatican and the Australian Church call for clarification. The transfers ranged from yearly totals of A$71.6 million (US$55.2 million) in 2014 to A$581.3 million in 2017, with about 47,000 separate transfers. "That amount of money and that number of transfers did not leave the Vatican City", a senior Vatican official with knowledge of the city-state's finances told Reuters last week.

Sources:  Reuters

Changes

  1. Australia's financial watchdog is reviewing calculations for transfers worth US$1.8 billion sent to the country from the Vatican since 2014, after the Vatican and the Australian Church call for clarification. The transfers ranged from yearly totals of A$71.6 million (US$55.2 million) in 2014 to A$581.3 million in 2017, with about 47,000 separate transfers. "That amount of money and that number of transfers did not leave the Vatican City", a senior Vatican official with knowledge of the city-state's finances told Reuters last week.
  2. Australia's financial watchdog is reviewing calculations for transfers worth US$1.8 billion sent to the country from the Vatican since 2014, after the Vatican and the Australian Church call for clarification. The transfers ranged from yearly totals of A$71.6 million (US$55.2 million) in 2014 to A$581.3 million in 2017, with about 47,000 separate transfers. "That amount of money and that number of transfers did not leave the Vatican City", a senior Vatican official with knowledge of the city-state's finances told Reuters last week.

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