- Dec 3, 2020
“Believing that the allegations had already been reviewed and rejected by Pope John Paul II, and well aware that McCarrick was active during the papacy of Benedict XVI, Pope Francis did not see the need to alter the approach that had been adopted in prior years,” the report states.
Pope Francis has given the Vatican secretariat of state three months to transfer all of its financial holdings to another Vatican office following its bungled management of hundreds of millions of euros in donations and investments that are now the subject of a corruption investigation.
A lack of oversight and control over the Vatican Secretariat of State’s investment activities may have facilitated some bad property deals, said Bishop Nunzio Galantino, president of the Administration of the Patrimony of the Holy See.
Following the eternal logic of cherchez la femme, the recent scandal surrounding Italian Cardinal Angelo Becciu now has served up its own female lead: Cecilia Marogna, a 39-year-old lay Italian professional now under arrest in Milan awaiting possible extradition to the Vatican to face a criminal trial there.
The U.S. and the Vatican butted heads over China on Thursday as the Holy See chafed at U.S. Secretary of State Mike Pompeo’s public call to take a harsher stance against Chinese restrictions on religious freedom.
By now, a great deal has been said and written about the defenestration of Italian Cardinal Angelo Becciu, once arguably the most influential man in the Vatican after the pope himself, who now finds himself suddenly stripped of both his Vatican sinecure and the rights pertaining to being a cardinal.