SYDNEY (Reuters) -There was no proof of felony misconduct within the switch of an estimated to A$9.5 million ($7.23 million) from the Vatican to Australia between 2014 and 2020, the Australian Federal Police (AFP) mentioned on Wednesday.
Australia’s monetary intelligence unit, AUSTRAC, final month diminished its estimate of cash transfered from the Vatican to Australia from A$2.3 billion ($1.75 billion), citing a pc coding mistake..
“No felony misconduct has been recognized so far,” AFP mentioned because it accomplished its evaluation of the knowledge offered by AUSTRAC about funds to Australia from the Vatican.
“If the AFP receives further data from Australian or worldwide companions it will likely be reviewed accordingly,” it mentioned in a press release.
AUSTRAC’s authentic report concerning the fund switch, which the Vatican mentioned gave the impression of “science fiction”, noticed some media stories speculate on potential cash laundering.
Australian Cardinal George Pell, who was the Vatican’s treasurer from 2014 to 2017, had mentioned he was relieved to listen to billions of {dollars} weren’t laundered by the Vatican when he was head of the Secretariat for the Economic system.
Pell, who’s now in Rome, returned to his native Australia in 2017 to face expenses of historic sexual abuse and spent 404 days in jail earlier than his conviction was overturned final April.
($1 = 1.3141 Australian {dollars})
Reporting by Renju Jose; Enhancing by Himani Sarkar and Michael Perry
