A former Masonic lodge known as Propaganda Due, or P2, a lodge originally formed by the Italian Grand Orient as a lodge of research. In 1975 an Italian fascist named Licio Gelli was made the Venerable Grand Master of P2 …”
“Then, in 1977, [Michele] Sindona brought in Roberto Calvi, head of the Banco Ambrosiano in Milan, which was closely associated with the papal bank, one of its major shareholders.”
“After Calvi was in with Gelli and Sindona, the Banco Ambrosiano helped to set up foreign shell companies, including ten in Panama, which were controlled by the papal bank.”
(Robinson, John J. Born In Blood: The Lost Secrets of Freemasonry. New York: M. Evans and Company, 1989, pg. 314)
Banco Ambrosiano was an Italian bank which collapsed in 1982. At the centre of the bank’s failure was its chairman, Roberto Calvi and his membership in the illegal masonic lodge Propaganda Due. Vatican Bank was Banco Ambrosiano’s main shareholder, and the death of Pope John Paul I in 1978 is rumoured to be linked to the Ambrosiano scandal, giving one of the subplots of The Godfather Part III. Vatican Bank was also accused of funneling covert United States funds to Solidarity and the Contras through Banco Ambrosiano.
PROPAGANDA DUE, or P2 MASONIC LODGE:
Propaganda Due, or P2, was a Masonic lodge operating under the jurisdiction of the Grand Orient of Italy from 1945 to 1976 (when its charter was withdrawn), and a pseudo-Masonic or “black” or “covert” lodge operating illegally (in contravention of Italian constitutional laws banning secret lodges, and membership of government officials in secret membership organizations) from 1976 to 1981. During the years that the lodge was headed by Licio Gelli, P2 was implicated in numerous Italian crimes and mysteries, including the nationwide bribe scandal Tangentopoli, the collapse of the Vatican-affiliated Banco Ambrosiano, and the murders of journalist Mino Pecorelli and banker Roberto Calvi.
Roberto Calvi (13 April 1920 17 June 1982) was an Italian banker dubbed “God’s Banker” by the press due to his close association with the Vatican. A native of Milan, Calvi was the chairman of Banco Ambrosiano which collapsed in one of modern Italy’s biggest political scandals, and his death in London in June 1982 has been the source of enduring controversy. Calvi’s death was ruled as murder after two coroner’s inquests and an independent investigation, and, in June 2007, five people were acquitted of his murder after a trial in Rome.
Claims have been made that Calvi’s death involved the Vatican Bank (Banco Ambrosiano’s main shareholder), the Mafia (which may have used Banco Ambrosiano for money laundering), and the Propaganda Due or P2 masonic lodge.
Licio Gelli (born April 21, 1919) is an Italian financier, chiefly known for his role in the Banco Ambrosiano scandal. He was revealed in 1981 as being the Venerable Master of the clandestine Masonic lodge Propaganda Due (P2).