Bityard: Building Competitiveness Through Diverse Trading Services with High Market Data Accuracy and Stability jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.
CNA Staff, Jan 20, 2021 / 12:00 pm (CNA).- Investigators examining transfers from the Vatican to Australia have been unable to account for around $1.9 million sent between the two countries, local media reported on Wednesday.
Another $5.4 million in Vatican-linked transfers have been identified as being for legitimate expenses, such as travel, wages, and pension payments, The Australian newspaper said on Jan. 20.
Australian authorities have been investigating suspicious transfers from the Vatican to Australia for several months.
Australia’s financial crime watchdog acknowledged earlier in January that it had vastly overestimated the sum of what it said had been 47,000 Vatican transfers.
The Australian newspaper said on Jan. 13 that the Australian Transaction Reports and Analysis Centre (AUSTRAC), a government agency, attributed the miscalculation to a “computer coding error.”
After a “detailed review” of its initial finding, AUSTRAC informed
Australian Bitcoin Trader Sues Banks for Systematic Discrimination
An Australian bitcoin trader has filed a lawsuit against two of the country’s biggest commercial banks, accusing them of systematic discrimination when they closed his accounts on short notice.
Allan Flynn is demanding compensation of AU$250,000 ($193,000) from ANZ and Westpac banks for closing his accounts immediately after they had been opened, the Australian Financial Review reported on Jan. 18.
Flynn, who operates a registered bitcoin (BTC) exchange, has started proceedings against both banks at the ACT Civil and Administrative Tribunal. The trader alleges he is the victim of unlawful discrimination, with no less than 20 banks closing his accounts in the past three years.
ROME (CNS) While questions remain about dubious financial dealings in the past and about future uncertainties due to the COVID-19 pandemic, the Vatican s steady move toward financial transparency is on the right track, said Cardinal George Pell, former prefect of the Vatican Secretariat for the Economy.