Australian agency admits serious error in reporting Vatican bank transfers cruxnow.com

Australia’s financial crime watchdog agency said it over-estimated by the equivalent of more than US$1.5 billion the amount of money transferred from the Vatican to Australia between 2014 and 2020.

According to The Australian, a daily newspaper, “A computer coding error is believed to be the source of the miscalculation,” with financial transfers involving Italy included in transfers involving the Vatican…

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