Australia’s Catholic bishops seek answers about mystery billions linked to Vatican

Vatican City, Jan 4, 2021 / 12:00 pm (CNA).- Australia’s Catholic bishops are considering raising questions with the country’s financial watchdog authority about whether any Catholic organizations were among the recipients of billions of Australian dollars in transfers reputedly from the Vatican.

AUSTRAC, Australia’s financial intelligence agency, revealed in December that the equivalent of around US$1.8 billion had been sent to Australia from the Vatican or Vatican-related entities since 2014.