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

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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…



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