Vatican absolved of one financial sin after revelation of data discrepancies

The Australian Transaction Reports and Analysis Centre (AUSTRAC), a government agency tasked with detecting and preventing financial crimes, has admitted that software errors led it to allege that the Vatican had inexplicably shipped AU$2.3bn to Australia. In a response [PDF] to a question put by a Senate Committee, AUSTRAC …

[Anonymous Coward]

That pays for a lot of porn!

I wonder what the Pope's browser cache looks like... *Cough*

[spireite]

Unproven Sin and undeclared Finances

I'm probably going to offend someone here, but will say it anyway...

In a time of accusations of 'deep state' and 'people being controlled by others', there is only one true Deep State here - the Church as a whole.

At a time that the church (and the RC is the biggest), is asking even more for money, I would wager the Vatican makes the finances of the Mafia look like pocket money.

The church has become the biggest fraud ever known, ruling through fear and turning so many of it's followers into people afraid of real life.

IT angle? The Popes tablet, (and I don't mean the ten commandments) and his bookmarked Naked Nuns site...

[Rich 2]

Re: Unproven Sin and undeclared Finances

The Catholic Church is an utterly abhorrent organisation. It leeches off the poor and/or gullible to add to its already enormous wealth, it now has a long history of abuse cases at its door, most of which it seems to have tried to cover up (goodness knows how many it has successfully converted up!), and it has wrecked countless lives over the centuries, and continues to do so on a daily basis.

No other organisation would have managed to get away with what they get up to - they make faecesbook look like an amateur - but sticking “god” in the strap line buys you a lot of blind eyes

[Kane]

Re: Unproven Sin and undeclared Finances

"I would wager the Vatican makes the finances of the Mafia look like pocket money."

I would wager that one of those things is a subset of the other of those things.

[Anonymous Coward]

Re: Unproven Sin and undeclared Finances

Regardless of your view of the church, at face value, this *looks* like a variation of the post office accounting scandal in the UK.

Computer says money is missing. Auditors say "Where is the money?", *before* asking "is the computer right?"

[Anonymous Coward]

Re: Unproven Sin and undeclared Finances

and at times like these would be perfect for all religions to prove what they preach and give some of their vast wealth to help, but no, asking for even more should open the "flocks" eyes but we all know better than that !

[Claverhouse]

Re: Unproven Sin and undeclared Finances

How would 'naked nuns' differ from other naked women ?

[cookieMonster]

Excel??

See title

[Doctor Syntax]

Not necessarily

GIGO

[sbt]

They had one job...

This is hopeless. What are they doing if they can't accurately report transactions? Why aren't they checking and re-checking intuitively doubtful amounts?

[Anonymous Coward]

Re: They had one job...

I thought you picked a target and let the computers find the evidence to convict.

[disgruntled yank]

Storage?

How is this listed under "storage"? Does the Vatican ship funds on thumb drives full of bitcoin?

[Robert Grant]

“AUSTRAC has subsequently undertaken a detailed review of the data and put immediate additional quality assurance processes in place,” the response adds. The agency is also “… considering what further processes and governance changes should be implemented into the future.”

So, this was manual work, and it's still manual work, we just added another instruction to say AND DON'T MAKE ANY MISTAKES.

[Winkypop]

So, after the money laundering and kiddie fiddling

The god stuff is just busy work.