Financial mismanagement Archives

Judgment Day: New book claims Vatican close to financial ruin

Oct 22, 2019

An Italian author who was once tried and acquitted by a Vatican court for publishing leaked documents is claiming in a new book that decades of mismanagement, shady deals and decreasing donations will leave the Vatican no choice but to default.

By Junno Arocho Esteves

Former finance director sues Catholic Diocese of Jackson

Oct 17, 2019

The former finance director of the Catholic Diocese of Jackson said in a lawsuit that the diocese fired him in retaliation for his complaints over budget practices, something the diocese disputes.

By Associated Press

West Virginia attorney general demands transparency in Bransfield case

Jul 22, 2019

The Office of the West Virginia Attorney said sanctions announced July 19 by the Vatican against the former head of the Diocese of Wheeling-Charleston, West Virginia, are a “first step” but demanded further disclosure of the investigation of now-retired Bishop Michael J. Bransfield.

By Rhina Guidos

Fellow bishops clear Indian cardinal of wrongdoing in real estate deals

Jun 7, 2019

An Indian cardinal who faces multiple investigations for allegedly selling church land and incurring a multimillion-dollar loss has been cleared by his fellow bishops even though the Vatican has yet to rule on the case.

By Catholic News Service

Pope puts Sistine choir under aide’s eye after scandal

Jan 19, 2019

Pope Francis has put a close aide in charge of the Sistine Chapel Choir following a funding scandal.

By Associated Press

L.A. archdiocese won’t press charges against nuns for ‘misappropriation’

Dec 4, 2018

The Archdiocese of Los Angeles said it will not pursue charges against two religious sisters who were found to have “misappropriated” a “substantial amount” of money from one of its Catholic schools.

By Rhina Guidos