The Vatican is facing allegations of using a sophisticated system to launder money through bank transfers. A former top financial official claims that the Vatican’s payroll agency has the ability to alter transaction details, allowing officials to secretly transfer funds without revealing recipients’ identities. This alleged method would have enabled Vatican officials to engage in unlimited money laundering and violate basic anti-fraud rules.
Source: https://www.politico.eu/article/vatican-financial-obscure-transactions-claims-bank-transfers-money-laundering