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Vatican under fire for alleged money-laundering dodge

Cardinal George Pell instructed an investigation into potentially illegal banking transactions by APSA in a memo to auditor general Libero Milone, dated April 8, 2016.
The memo revealed that APSA could alter financial records to hide the true identity of the owner or source of funds in the SWIFT system.
Libero Milone confirmed that transactions had been processed to conceal sender identities, but the Vatican denies all allegations, stating that such alterations are technically impossible.
The claims from Milone could seriously impact the Vatican's financial status, risking its international credibility and potentially placing it on a blacklist of financial jurisdictions.

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