For the first time, the Vatican recently released information detailing its real estate holdings, revealing the city owns over 5,000 properties as part of its most detailed financial disclosures ever.
According to Reuters, the information was contained in two documents: a first-ever public budget for the Administration of the Patrimony of the Holy See (APSA), and a 2020 consolidated financial statement for the Holy See.
APSA is comparable to a general accounting office, which pays salaries, manages real estate investments, and can act as a human resources department and purchasing office.
The city that sits on seven hills released over 50 pages of the two combined documents, contained massive amounts of pie charts, maps, and graphs; along with two explanatory interviews.
‘The 30-page APSA budget showed that it owns 4,051 properties in Italy and about 1,120 abroad, not including its embassies around the world,’ says the Reuters report.
Roughly 14% of its Italian chattels were rented at market rates, while the remaining were rented at cut rates, most of them for church employees. Another rough 2/5ths were for buildings such as convents, schools, and hospitals.
The paperwork also details their purchases in upscale areas of Geneva, Paris, Lausanne, and London.
On Tuesday, July 27th, 10 people in connection with a 2014 purchase of a building in London’s smart South Kensington district – which led to massive losses after the Vatican’s Secretariat of State made the investments – will be facing trial in the Vatican, including a prominent cardinal within the system. They have been charged with embezzlement, money laundering, fraud, extortion and abuse of office.
Reuters reports, ‘Father Juan Antonio Guerrero, head of the Vatican’s Secretariat for the Economy (SPE), told the official Vatican News website that the building would be sold soon.’
Guerrero says this will be a “turning point” for the Vatican’s credibility in economic dealings, as that event will not occur again since implementing measures since that specific purchase.
In 2020, Pope Francis removed control over the funds from the Secretariat of State, to the APSA and with oversight by the SPE.
A separate consolidated statement from the Holy See issued on Saturday listed a 64.8 million euro deficit, which is down from the 79.2 million deficient for the previous year.
‘The Holy See budget includes the central administration of the Roman Catholic Church, known as the Curia, that oversees the governing of the 1.3 billion-member worldwide Church, its global diplomatic representations and media operations,’ according to the report.
The Vatican bank, Museums, and Vatican City has entirely separate budget.
50 million euros were extracted from Peter’s Pence, a donation fund that allows the Pope to carry out his universal work for the Roman Catholic Church.
Revenues for the Vatican were hit harshly, as their museums and St. Peter’s Basilica acted as their cash cows, but due to travel bans and lockdowns their flow of income was greatly squandered, concludes the Reuters report.
AUTHOR COMMENTARY
[5] And upon her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH. [18] And the woman which thou sawest is that great city, which reigneth over the kings of the earth. [11] And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more: [12] The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble, [13] And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men.Revelation 17:5, 18, 18:11-13
The Vatican, more adequately called the Whore of Babylon, is just tossing out a crumb for the masses to digest and feast upon. The Vatican at this current time practically has the majority of the world wrapped around its thumb, and will control it all completely and openly during the reign of the antichrist, false prophet, and the dragon as Satan himself. The amount of actual wealth they have is unfathomable: Euros and dollars to them is like shaking pennies out of a piggybank.
And to pay close observance to the fact that the Vatican always has and always will, operate as a political system. The blatantly fake piety is only for those foolish enough to believe it.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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