VATICAN Bank Investigated

[Romeojin]

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nahimon btaw religious debate ni and to think na ang chairman ng vatican lang is under investigation.

BBC News - Vatican Bank 'investigated over money-laundering'
Vatican Bank Chairman Under Investigation for Money Laundering - Corruption Currents - WSJ

[_AWESOME_]

musta naman ning investigation?

[masterjanuarius]

The church can be audited by a private sector company like SGV in coordination with NGO's and other watchdog agencies.

Some (not all) Churches are using the Separation between Church and state as an excuse to hide their financial activities...


All we are asking for is transparency so everyone will know what really goes on behind the scenes sa church.

Malay mo, if people realize the civic works the church is doing, mas mu saka ang collection... rather than people just trusting that their money will help the poor and needy.

There is auditing in the catholic church bro. And this is precisely to avoid the sins of the past and scandals involving money. This is the function of every Parish Financial Council and, I think Diocesan Council sad ... But, there are also internal and external auditors.

[masterjanuarius]

tanan outreach programs sa church kay financed thru "special donations"..

first move sa church kung naa sila activity himoon is mag-collect special donations..
di jud na mogamit ang simbahan own money nila to perform outreach programs..

I think the generalization here bro is wrong ... I know of a parish who for almost three years now, do not pass the basket for second collections, even if there are projects to be done. I ask the priest why is that, he said that the church belongs to the people. When parishioners see the need of the church they give, even without being asked. I think there is truth in it as the parish really functions well in its outreach programs: free clinic and medicines, free elementary school for the children of squatters, etc .. And the lifestyles of the priests are simple: asa ka kita ug pari nga maglakat ra o mosakay ug trisikad o jeepney? kini nga parokya bro ... mao nga di angay mag generalize dayon ...

[godwhacker]

THis case is still "under investigation" and people here make a lot of fuss. Anyway, I still respect the arguments here on both sides. This will nevertheless offer some historical information how the Vatican became very wealthy.

[vipvip68]

There is auditing in the catholic church bro. And this is precisely to avoid the sins of the past and scandals involving money. This is the function of every Parish Financial Council and, I think Diocesan Council sad ... But, there are also internal and external auditors.

Its good if there is indeed some form of auditing but its still useless if the data isn't made public for people to scrutinize. Also, auditing should be done by a third party. If the auditing is merely within the church then it merely prevents corruption sa lower ranking church officials but with regards to checking the disbursements sa higher level officials... there's still no checks in place.

[lana21]

hahay..ka minus ani oi...another issue na pud nga lumalabay ra pud

[peewee_toot]

^^mao jd. mahulog ra ni sa wala. they know how to manipulate people.

[masterjanuarius]

Its good if there is indeed some form of auditing but its still useless if the data isn't made public for people to scrutinize. Also, auditing should be done by a third party. If the auditing is merely within the church then it merely prevents corruption sa lower ranking church officials but with regards to checking the disbursements sa higher level officials... there's still no checks in place.

It is the Donor's right to know where his/her money goes ... every parish will always open the books for those who give, me thinks.

[peewee_toot]

kumusta na kaha ang pag-imbestiga ani?