Posts Tagged

Vatican finances

by Hannah Brockhaus Vatican City, Oct 4, 2021 / 13:00 pm The second hearing in a historic Vatican finance trial is set for Tuesday after proceedings kicked off at the end of July. The trial is the culmination of more than two years of investigation by the Vatican into what

by Hannah Brockhaus Vatican City, Jul 3, 2021 / 11:50 am The Vatican’s court announced Saturday that it had indicted 10 individuals, including Cardinal Angelo Becciu, on charges including abuse of office, embezzlement, and fraud, and that a trial will begin July 27. What is the story behind the trial?

by Hannah Brockhaus Vatican City, Jul 3, 2021 / 05:30 am The Vatican announced Saturday that Cardinal Angelo Becciu will be tried on charges of embezzlement and abuse of office. The Vatican court also announced it will hold a criminal trial against nine people and four corporations in connection with

by Hannah Brockhaus Vatican City, Apr 29, 2021 / 04:50 am America/Denver (CNA). As part of a sweeping new anti-corruption law, Pope Francis on Thursday declared that officials of the Roman Curia should no longer accept personal gifts with a monetary value over 40 euros (about $50). The new rule

Vatican City, Dec 28, 2020 / 05:10 am MT (CNA).- Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals. In a document issued Dec. 28, the pope formalized the transfer of financial responsibilities from the Vatican’s Secretariat of State to the Administration of the

By Hannah Brockhaus Vatican City, Nov 5, 2020 / 07:00 am MT (CNA).- Pope Francis has requested that responsibility for financial funds and real estate assets, including a controversial London property, be transferred out of the Vatican’s Secretariat of State. The pope asked for the management and administration of the

CNA Staff, Aug 17, 2020 / 04:20 pm MT (CNA).- Cardinal George Pell, who was acquitted this year after becoming the highest-ranking Catholic cleric ever to be convicted of sexual abuse, spoke this week about how he maintained hope during his 400 days in prison. “The virtue of Christian hope

By Carol Glatz  Catholic News Service Pope Francis has named a new commission to investigate current accounting practices among all Vatican offices and bodies and to help devise new strategies for greater fiscal responsibility and transparency. The new pontifical commission of business and legal experts will “offer technical support” and