Tag: Vatican finances

Cardinals and other officials at the Vatican will no longer be able to live in Vatican-connected apartments for free or at special prices

“The problem is not the trials, but the facts and conduct that determine them and make them painfully necessary,” the pope said

Property and other assets of the Holy See are entrusted to entities as “public trustees and not owners”

The latest round of hearings at the Vatican’s historic finance trial has revealed several twists that profoundly changed proceedings

These entities will be controlled by bodies such as the Secretariat for the Economy and not just supervised by their respective institutions

The pope’s rescript clarifies the interpretation of a paragraph in the new constitution of the Roman Curia, Praedicate Evangelium

Juan Antonio Guerrero, the Vatican's de facto economy minister, said the Holy See recorded a deficit in 2021 of 3.3 million euros

The watchdog authority is responsible for financial intelligence, as well as combating money laundering and the financing of terrorism

Cardinal Becciu is charged with funnelling money and contracts to companies or charitable organizations controlled by his brothers

The headliner at the trial is Cardinal Angelo Becciu, 73, formerly a senior official in the Vatican administration