Banco Ambrosiano was an Italian bank that collapsed in 1982. At the centre of the bank's failure was its chairman, Roberto Calvi and his membership in the illegal Masonic LodgePropaganda Due (aka P2). Vatican Bank was Banco Ambrosiano's main shareholder, and the death of Pope John Paul I in 1978 is rumored to be linked to the Ambrosiano scandal. Vatican Bank was also accused of funneling covert United States funds to Solidarity and the Contras through Banco Ambrosiano.
Members
Franco Ratti, chairman.
Carlo Canesi, senior manager then chairman of Banco Ambrosiano Holding starting from 1965.
Roberto Calvi, general manager of Banco Ambrosiano since 1971, appointed chairman from 1975 to his death in June 1982. He was often referred to as "God's Banker" because of his close financial ties with the Vatican.
Following are some of the major events to have occurred on April 16. ... 1992 – The Italian financier Carlo De Benedetti and 32 other people were convicted of fraud in connection with the 1982 collapse of Banco Ambrosiano ... (Reuters) ....
The two-and-a-half-year trial in Vatican City’s criminal court has involved 10 defendants including, for the first time, a cardinal ... He had been chairman of the Banco Ambrosiano at the time of its collapse, with the Vatican bank its main shareholder.
Can we now expect an open season of criticism of Francis?Can we now expect new rules for future papal resignations? Will Francis decide that, in the interests of clarity, future popes should not wear ...
Investigators looked into the possibility that she had been kidnapped by members of the MaglianaBand in an attempt to recover money lost by crime groups when the Banco Ambrosiano, a Vatican-linked bank, collapsed ... RELATED ARTICLES. Previous 1 Next ... .
The Band of Magliana was angry with the Vatican after the Vatican-linked Banco Ambrosiano collapsed in a debacle that lost the criminal group a lot of cash and led to the death of the chairman Roberto...