Posts Tagged ‘Transparency’

The limits of transparency in a broken world Comments 0

Thursday, November 29th, 2018

Can’t the truth set us free? In the last couple weeks, it was revealed that the US Justice department has secretly (ironic) charged Wiki-leaks founder Julian Assange with publicizing government secrets. Also recently, the US Catholic bishops voted down a resolution which would have encouraged the Vatican to release all its documentation on the disgraced Read more

Pell bribery accuser was himself a child abuser Comments 1

Friday, May 13th, 2016

A sex abuse survivor spokesman who accused Cardinal George Pell of bribery has been accused of not being transparent about his own record of abusing. David Ridsdale is the nephew of notorious Australian paedophile priest Fr Gerald Ridsdale. David Ridsdale has repeatedly called for Cardinal Pell and the Church to be transparent about what they Read more

Pope names auditor general for the Vatican Comments 0

Tuesday, June 9th, 2015

Pope Francis has named former Deloitte, Italy, chairman Libero Milone as the Vatican’s new auditor general. Under statutes approved by the Pope earlier this year, the auditor general will have the power to audit the books of any Vatican office. He will report directly to the Pope. Having an independent auditor helps ensure the “separation Read more

Catholic and Anglican bishops call for openness over TPP Comments 0

Friday, April 24th, 2015

New Zealand’s Anglican and Catholic have asked the Government for more transparency about the Trans-Pacific Partnership (TPP) currently under negotiation. This is so New Zealanders can better evaluate the trade deal’s implications, the bishops stated. The bishops acknowledge the right and duty of any New Zealand Government to promote the nation’s trading opportunities. And they are Read more

Cardinal questions revelation of Vatican asset figures Comments 0

Tuesday, February 24th, 2015

The cardinal who heads the Vatican’s economic oversight body has questioned the releasing of Vatican asset figures to the media by Cardinal George Pell. Earlier this month, Cardinal Pell, who is prefect of the Secretariat for the Economy, told media the Vatican had US$1.5 billion in assets that had not been previously accounted for. German Read more

Vatican’s $1.5 billion unreported assets disclosed Comments 3

Tuesday, February 17th, 2015

The Vatican has more than US$1.5 billion in assets that it didn’t previously know it had, bringing its total assets to more than US$3billion. Cardinal George Pell, the Vatican’s secretary for the economy, told cardinals last week that $0.5 billion in assets had been purposefully excluded from a 2013 overall balance sheet. And US$1billion should Read more

German bishops reveal wealth, lose Catholics Comments 0

Friday, October 18th, 2013

The high-spending behaviour of the Bishop of Limburg has promoted other German bishops to reveal the value of their private endowments — and encouraged a growing number of Catholics to leave the Church. After being accused of lavish spending, Bishop Franz-Peter Tebartz-van Elst of Limburg has travelled to Rome to meet officials at the Vatican, Read more

Vatican City cracks down on suspicious transactions Comments 0

Friday, October 11th, 2013

The Vatican City State has adopted a new law cracking down on financial transactions that could enable money-laundering and imposing a new level of transparency and supervision. The Holy See Press Office said the new norm, Law XVIII, “strengthens the current internal system for the prevention and countering of money laundering and the financing of Read more

Vatican Bank issues unusual but ‘unsurprising’ report Comments 1

Friday, October 4th, 2013

As the Vatican Bank took the unusual step of publishing an annual report for the first time in its 125-year history, its president said the most surprising thing was “how unsurprising it is”. “You see a rather conservatively managed financial institution safeguarding assets, investing in very conservative investments like government bonds and bank deposits,” said Read more

Vatican Bank launches website to boost transparency Comments 0

Friday, August 2nd, 2013

The Vatican bank has launched a website in the wake of a series of scandals and criticism for alleged lack of transparency. Vatican Radio quoted bank president Ernst von Freyberg that the site will provide information “on our reforms and the things we do in the world and how we support the Church and its Read more