Michael Phayer

Attachments

2008 Pius XII, The Holocaust, and the Cold War (book)
The factual background as alleged in the claim was that Ustaše hiding in the Pontifical Croatian College of St. Jerome (the Croatian Seminary near the Vatican) brought a large amount of looted gold with them and that it was later moved to other Vatican extraterritorial property and/or the Vatican Bank.[1][2] Although this gold would be worth hundreds of thousands of 2008 US dollars, it allegedly constituted only a small percentage of the gold looted during World War II, mostly by the Nazis.[2] According to Phayer, "top Vatican personnel would have known the whereabouts of the gold", but he gives no evidence that they did, nor does he name any.[2]