Financial reform Archives

Vatican bank chief says latest scandals are true proof of reform

Interviews, News Analysis
Oct 26, 2019

While it’s tough for outsiders to assess the latest round of purported scoops about Vatican finances and stern denials, what’s becoming clear, at least, are the dueling narratives at work.

Facing fresh charges of financial scandal, all the pope’s men strike back

Vatican
Oct 22, 2019

“They want to strike the papacy,” Honduran Cardinal Oscar Rodriguez Maradiaga said in an interview with Italy’s largest-circulation daily newspaper, La Repubblica. “First they depicted a church largely made up of pedophiles, now they’re suggesting economic recklessness, but it’s not so.”

Ironic collision of two Sunday stories raises question of what a “poor Church” means

News Analysis
Oct 21, 2019

The ironic juxtaposition of two stories on the same day illustrates a chronic confusion within the Church about what an “option for the poor” actually means.

Leaked documents detail $200 million Vatican deal for swanky London property

Vatican
Oct 20, 2019

“Hundreds of millions of Euro destined for the least and the poor are still administered opaquely and with no transparency, as if the Vatican were a merchant bank in an offshore country,” a new report claims.

Report says Vatican suspends five employees following raid

Catholic News Service, Vatican
Oct 2, 2019

The Vatican apparently has suspended five employees after raids on Vatican offices.

Vatican’s secretariat of state searched in financial probe

Associated Press, Vatican
Oct 1, 2019

Vatican police have seized documents and electronics during a search of the Holy See’s secretariat of state and financial watchdog agency after receiving official complaints about “past financial operations.”