‘Software Error’ Blamed for Huge Discrepancy in Vatican Money Transfers to Australia

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The Australian financial regulator, AUSTRAC, says that a ‘computer coding error’ led to their statement that over $1.7 billion had been sent from the Vatican to Australia between 2014 and 2020

By David McLoone, LifeSiteNews, Jan 15, 2021

David McLooneVATICAN CITY, Italy, January 15, 2020 (LifeSiteNews) – The Holy See Press Office released a statement on Wednesday clarifying recent reports documenting that over $1.7 billion (AUS $2.3 billion) had been sent from official Vatican financial bodies to Australian accounts. The Holy See claims that the shocking number was actually the result of a “software error,” and that the value of the transfers did not exceed $7.4 million.

Last month, LifeSiteNews reported on the news that the Vatican had sent $1.7 billion to accounts in Australia between 2014 and 2020, based on a statement from Australia’s financial watchdog, AUSTRAC.   …