Vatican Sells London Building at Heart of Corruption Trial to Bain Capital
VATICAN CITY (Reuters) - The Vatican said on Friday it had sold the luxury London building at the centre of an ongoing corruption trial to Bain Capital in recent days for 186 million pounds ($223.6 million).
The real estate venture at its centre began in 2014, when the Vatican's Secretariat of State invested 350 million euros ($390 million)in the building, using brokers it later accused of extortion and other financial crimes.
https://www.usnews.com/news/world/articles/2022-07-01/vatican-sells-london-building-at-heart-of-corruption-trial-to-bain-capital
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Bain Capital/Blackrock have worked with the Vatican Before
Catholic Trust Looks to Brazilian Fund for Social Returns
May 21, 2015 · Bain Capital and the Blackstone Group announced initiatives this year. The Vatican has long spoken about the need for the markets to reduce inequality.
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Vatican ambassadors back Romney
January 09, 2012
Forbes reports that 5 former ambassadors to the Holy See signed a statement backing the Mormon candidate for president, Mitt Romney, passing over Catholic candiates Newt Gingrich and Rick Santorum.
https://www.americamagazine.org/content/all-things/vatican-ambassadors-back-romney
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Amidst reports that Mitt Romney launched Bain Capital with funds from investors tied to 1980s Salvadoran death squads, his new running mate Rep. Paul Ryan (R-WI) is getting foreign policy briefings from a man who actively covered-up some of the worst atrocities committed by those same death squads. The GOP's vice-presidential candidate also earned his political stripes working under neoconservative Republicans who funneled billions in U.S. aid to those military hitmen. Though the war in El Salvador was just one chapter in history, Romney and Ryan's relationship with that war may provide a snapshot into their worldview.
https://www.prwatch.org/news/2012/08/11710/us-funded-war-el-salvador-casts-shadow-over-romneyryan-campaign
Many allegations of tunnelling – where insiders manipulate assets for personal gain – and misappropriation of funds are reported in the books.
"Merchants in the Temple" by Gianluigi Nuzzi and Avarice by Emiliano Fittipaldi is an exposé of the entrenched, morally suspect and financially unscrupulous culture of the Vatican.
https://www.forbes.com/sites/ceibs/2015/12/10/vaticans-money-woes-have-lessons-for-chinese-family-businesses/?sh=6ec460f83659
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Ever heard of Knight Capital Group? What is a Knight? Who does a Knight work for?