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Thursday, December 30, 2010

Vatican's Secretive Bank!

Vatican's bank is obviously not in Africa and probably does not do any business with Africans. However, after recent allegations of shady deals at the bank, (allegations that have not been denied by the Vatican), I am beginning to have the impression that the secrecy shrouding the activities of the bank may hide connections with Africa, especially with thieving African leaders. It is of course clear that all banks have elements of secrecy about them but it seems to me that, being a Christian bank, Vatican bank would be different. However, it does not seem so given the profound secrecy with which the bank is run. The bank's activities are replete with unresolved secret dealings that involve links to the Mafia and murder. I would not be surprised by stories like these from a modern, secular nation-state. Given the fact that these stories are coming from a bank run by a religious, nay, Chirstian body that pontificates on morality at every turn, how sincere could some of the church's positions about public morality be?
More specifically, givien that the Pope is a very respected personality in Africa and has good relations with some African leaders, I am beginning to wonder if some of these leaders are not stashing money stolen from their peoples in Vatican bank? How can the Pope then speak against corruption and bad government, like he did when he went to Cameroon in 2009, with moral authority? Can Vatican bank assure African peoples that just like banks in London and Swiss banks, it is not keeping money stolen from Africans by African leaders?

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