Vatican property office submits to outside audit

Four months after one of its accountants was arrested for alleged involvement in a multi-million cash smuggling scheme, the Vatican property office has said it will submit its operations to outside financial review.

The move by the Administration of the Patrimony of the Holy See, an office of the Vatican’s central bureaucracy, may represent the first such outside audit of the Vatican’s coffers.

The office oversees the Vatican’s property, providing cash flow to its bureaucracy, and manages the city-state’s overall financial portfolio.

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