Wednesday, February 13, 2013 the Holy-Unholy Catholic Church ! Protestants believe they are the great HARLOT-WHORE of Revelations...!

How the Vatican built a secret property empire using Mussolini's millions
Papacy used offshore tax havens to create £500m international portfolio, featuring real estate in UK, France and Switzerland

David Leigh, Jean François Tanda and Jessica Benhamou
The Guardian, Monday 21 January 2013 20.23 GMT   

[[["...British wartime records from the National Archives in Kew complete the picture. They confirm Profima SA as the Vatican's own holding company, accused at the time of "engaging in activities contrary to Allied interests". Files from officials at Britain's Ministry of Economic Warfare at the end of the war criticised the pope's financier, Bernardino Nogara, who controlled the investment of more than £50m cash from the Mussolini windfall.

Nogara's "shady activities" were detailed in intercepted 1945 cable traffic from the Vatican to a contact in Geneva, according to the British, who discussed whether to blacklist Profima as a result. "Nogara, a Roman lawyer, is the Vatican financial agent and Profima SA in Lausanne is the Swiss holding company for certain Vatican interests." They believed Nogara was trying to transfer shares of two Vatican-owned French property firms to the Swiss company, to prevent the French government blacklisting them as enemy assets.

Earlier in the war, in 1943, the British accused Nogara of similar "dirty work", by shifting Italian bank shares into Profima's hands in order to "whitewash" them and present the bank as being controlled by Swiss neutrals. This was described as "manipulation" of Vatican finances to serve "extraneous political ends".

The Mussolini money was dramatically important to the Vatican's finances. John Pollard, a Cambridge historian, says in Money and the Rise of the Modern Papacy: "The papacy was now financially secure. It would never be poor again."

From the outset, Nogara was innovative in investing the cash. In 1931 records show he founded an offshore company in Luxembourg to hold the continental European property assets he was buying. It was called Groupement Financier Luxembourgeois, hence Grolux. Luxembourg was one of the first countries to set up tax-haven company structures in 1929. The UK end, called British Grolux, was incorporated the following year.

When war broke out, with the prospect of a German invasion, the Luxembourg operation and ostensible control of the British Grolux operation were moved to the US and to neutral Switzerland. ..."]]]
_______________________________________________________ the Holy-Unholy Catholic Church ! Protestants believe they are the great HARLOT-WHORE of Revelations...! saint holy church would be financed by how the Catholic Church has...!

HENCE THIS IS PROOF OF THEIR FALSITY AND BEING A Scam: "MONEY OF WAR" , that controls millions in their emotions and private lives...!

...PROOF this that Canadian Journalism would not probably do this style of articles...!

...PROOF that the Swiss are a sadistic bunch...! The soldiers that protect the Vatican, have to be single for one year service at the Vatican...!