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Vatican finance watchdog notes jump in reports of suspicious activity

VATICAN (CNS): The Vatican’s Financial Intelligence Authority, which monitors Vatican financial operations to ensure they meet international norms, reported a huge jump in the number of financial transactions flagged as suspicious and in the value of assets it has blocked or frozen.

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Shifty money and suspended audits at Vatican

VATICAN (SE): Described as a major blow to plans for the reform of Vatican financial affairs, the Secretariat of State informed all Vatican offices on April 20 that an outside audit being conducted by PricewaterhouseCoopers has been suspended.

Nevertheless, Vatican officials insist that they are continuing their investigation in shifty money moves.

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