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Australia's financial crime watchdog agency said it over-estimated by the equivalent of more than U.S. $1.5 billion the amount of money transferred from the Vatican to Australia between 2014 and 2020.
People inside and outside the church are calling on authorities to get to the bottom of mystery funds transferred from the Vatican to Australia.
Pope Francis has formally stripped the Vatican secretariat of state of its financial assets and real estate holdings following its bungled management of hundreds of millions of euros.
Pope Francis has revamped the Holy See's financial intelligence and anti-money-laundering unit following financial scandals, including an ongoing in-house corruption probe, Vatican officials said Dec. 5.