ROME
Money Morning
In 2013, Pope Francis publicly stated he’d get to the bottom of several scandals plaguing the Catholic Church.
Despite the pontiff’s investigation, one scandal remains shrouded in mystery: that of the Vatican Bank and Nazi gold.
You see, some bits of evidence suggest the Vatican collaborated with Nazi party members responsible for plundering Jewish citizens’ gold during World War II. But other evidence casts doubt on the extent of the Catholic Church’s direct participation in Nazi activities. The Holy See has long denied any sort of affiliation between the Church and the Third Reich ever existed. Still, limited independent research into a possible connection has been conducted by several agencies, including the U.S. Treasury.
“During and after World War II, was the Vatican bank a witting or unwitting accomplice of Nazi collaborators known as Ustashi who made their way from a seminary in Rome to safe havens in South America?” The National Catholic Review asked July 15. “Did the Vatican bank profit as a result of payments received from these Nazi collaborators who were known as the Ustashi? If we were to follow the Ustashi money, where would the trail lead?”
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