Pope Francis has replaced five board members of the Vatican’s financial watchdog in his latest attempt to rehabilitate the troubled Vatican bank. The former board members of the Financial Information Authority still had two years to go before they were due to step down. The change comes after reports of clashes between board members and Read more
Posts Tagged ‘Rene Bruelhart’
Former Vatican secretary of state in funds handling probe
Friday, May 23rd, 2014
Former Vatican secretary of state Cardinal Tarcisio Bertone is reportedly being investigated over handling of funds from Vatican accounts. According to German tabloid Bild Zeitung, approval was given for 15 million euros to be transferred from the Vatican bank to an Italian television production company, later identified as Lux Vide. The company is owned by Read more