While financial reforms in the Vatican are progressing steadily, cases involving corruption and malfeasance in the Eternal City are "a disease that we relapse into," Pope Francis said. In a wide-ranging interview broadcast Sept. 1 by ...
On Tuesday, a criminal trial opened in Vatican City court that sees a once-powerful curial cardinal charged with embezzlement, criminal conspiracy and abuse of office. Joining Cardinal Giovanni Angelo Becciu in the dock are nine ...
On the first day of a Vatican trial involving alleged embezzlement, money laundering and abuse of office, lawyers for 10 defendants, including Cardinal Angelo Becciu, questioned the Vatican's jurisdiction in prosecuting their clients and insisted ...
The Vatican reported the Roman Curia had a $78 million deficit in 2020, and on the same day, the Administration of the Patrimony of the Holy See, which administers Vatican properties and investments, made a ...
The Vatican's financial watchdog agency said that in 2020 more financial transactions were flagged as suspicious by Vatican offices, but after investigation it did not have to suspend any transactions or freeze any accounts. The 2020 ...
In an unprecedented move, Vatican prosecutors have indicted 10 individuals and entities, including Cardinal Angelo Becciu, former prefect of the Congregation for Saints' Causes, on charges ranging from embezzlement to money laundering and abuse of ...
The United States added Vatican City State to its list of countries that conform to international standards regarding the verification of the identity of persons conducting financial transactions through its institutions, including the so-called Vatican ...
Financial speculation is unsustainable and dangerous, therefore, markets must be regulated and the poor protected, Pope Francis said. "We still have time to start a process of global change to put into practice a different, more ...
With the need to reduce costs and make sure employees are not laid off, Pope Francis has approved pay cuts for cardinals, clergy, religious and upper management officials who work in the Roman Curia and ...
Revenue shortfalls and a current budget deficit require increased efficiency, transparency and creativity while working to continue to fully carry out the mission of the universal church, said the head of the Vatican's economic office. "A ...
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