Word: ambrosiano
(lookup in dictionary)
(lookup stats)
Dates: during 1982-1982
Sort By: most recent first
(reverse)
Shortly before Antonov was arrested, Pope John Paul moved to help clear up another Vatican-related mystery. After the death last June of Milan Banker Roberto Calvi, there were revelations about curious connections between Calvi's Banco Ambrosiano and the Istituto per le Opere de Religione (I.O.R.), better known as the Vatican bank. In a papal letter, John Paul last week indicated that the Holy See would be ending its dependence on investment and speculation for its funds and would rely instead on "the spontaneous contributions of the faithful and of other men of good will...
Your article "The Great Vatican Bank Mystery" [Sept. 13] was a cheap shot. Banco Ambrosiano, with small I.O.R. holdings, can hardly be called a Vatican anything. Roberto Calvi was probably guilty only of greed and poor judgement. Italy's leaders, who are anticlerical, should not be allowed to divert attention from their economic bungling to the thin Vatican connection. Banco Ambrosiano is just another example of the weakness of the world banking system...
...unleashed such a furor that high military and security officials whose names were found on the rolls were forced to resign; so was Prime Minister Arnaldo Forlani, though he was not a P2 member. Gelli's name was also linked to the collapse of Milan's Banco Ambrosiano, whose president, Roberto Calvi, was not only a member of P2, but was believed to be the lodge's paymaser, allegedly funding right-wing Latin leaders who were friends of Gelli...
With an Italian prison term awaiting him, Calvi fled to London. There he apparently hanged himself last June, although many Italians believe he was murdered. An attorney general of a Swiss canton has since discovered that close to $100 million of Banco Ambrosiano's money had been stashed in numbered Geneva accounts. And Licio Gelli knew the numbers...
Sindona also discussed his involvement with Calvi and other members of the Italian Masonic Lodge P2 in sending Banco Ambrosiano money to Latin America to support right-wing political causes. "Calvi financed newspapers for ideological reasons in Buenos Aires and Montevideo...