Post by NFA on Dec 29, 2020 21:50:58 GMT 8
After property scandal, Pope tightens money controls
By Philip Pullella December 29, 2020
www.smh.com.au/world/europe/after-property-scandal-pope-tightens-money-controls-20201229-p56qne.html
Vatican City: Pope Francis has issued a new decree making charity funds more transparent and tightening controls on Vatican finances after a scandal over a luxury London property deal.
The main target is the Secretariat of State, the most important part of the Vatican administration, which must relinquish management of its funds, investments and real estate and submit to supervision by two other economic offices.
The main target is the Secretariat of State, the most important part of the Vatican administration, which must relinquish management of its funds, investments and real estate and submit to supervision by two other economic offices.
....
Cardinal George Pell, the Vatican's former treasurer, said earlier this month there had been "enormous losses". In September, the Pope fired Cardinal Angelo Becciu, a former top Secretariat official.
An investigation into the London deal led to the suspension last year of five Vatican employees, four from the Secretariat. The Vatican has also accused the middlemen of extortion.
'The Secretariat of State's assets are being transferred to a department called Administration of the Patrimony of the Holy See (APSA) and will be overseen by the Secretariat for the Economy.
An investigation into the London deal led to the suspension last year of five Vatican employees, four from the Secretariat. The Vatican has also accused the middlemen of extortion.
'The Secretariat of State's assets are being transferred to a department called Administration of the Patrimony of the Holy See (APSA) and will be overseen by the Secretariat for the Economy.
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And some still don't see that the catholic Anti-Catholic premier andrews and his evil cohort were out to get Cardinal Pell for, maybe paid, reasons of their own!