Gerald Posner Quote
Gianluigi Nuzzi, the author of the 2009 book that precipitated the string of events from Caloia’s exit to the motu proprio, expressed the feelings of many Vaticanologists: A few years ago, an anti-money-laundering law in the Vatican and the Holy See would have been unthinkable. They used to say, ‘We’re a sovereign state; these are our affairs.’ The important thing is that they created an anti-money-laundering law and an authority to enforce it. Without that, the Vatican Bank will remain an offshore bank.
Gerald Posner
Gianluigi Nuzzi, the author of the 2009 book that precipitated the string of events from Caloia’s exit to the motu proprio, expressed the feelings of many Vaticanologists: A few years ago, an anti-money-laundering law in the Vatican and the Holy See would have been unthinkable. They used to say, ‘We’re a sovereign state; these are our affairs.’ The important thing is that they created an anti-money-laundering law and an authority to enforce it. Without that, the Vatican Bank will remain an offshore bank.
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