AUSTRAC claimed the Vatican wired $2.3 billion to Australia. The true figure was $9.5 million

It is thought the agency incorrectly apportioned to the Vatican hundreds of millions of dollars in transfers between Italy and Australia, leading to the massively inflated figure.

AUSTRAC provided the $2.3 billion figure to Parliament in December following a question from Liberal senator Concetta Fierravanti-Wells. The senator was probing claims by Italian newspapers of suspicious transfers between the Vatican and Australia and whether any funds had been used to influence the 2018 trial and…