The Vatican raid conducted on the chief prosecutor of the Church’s Apostolic Signatura sheds light on a network of companies and businessmen at the center of interrelated Vatican financial scandals. On Feb. 18, Vatican officials raided the home and office of Msgr. Alberto Perlasca, the chief prosecutor at the Church’s highest ecclesiastical court and a […]
The Holy See has delayed announcing its pick for the next bishop of Hong Kong, CNA has learned, amid concerns that local clergy and lay Catholics will see Rev. Peter Choy Wai-man as too sympathetic to the Chinese Communist government. The Diocese of Hong Kong has been without permanent leadership since January 2019, when Bishop […]
Law enforcement officials have conducted interviews with several senior figures at the Papal Foundation, a U.S. based charity which supports the charitable works of the Holy Father. Officers from the FBI have spoken to at least three foundation staff members over last several months, with enquiries focused on the role of Theodore McCarrick, who served […]
Two investment funds used by Vatican dicasteries were also used by a major Italian bank to conceal illegal investments for which the bank was eventually closed. On Friday, Maltese media reported that the IOR, or Vatican Bank, is being sued in turn by Optimum for breach of contract; the firm claims the Vatican’s bank owes an […]
A fund in which the Vatican’s Secretariat of State has invested tens of millions of euros has links to two Swiss banks investigated or implicated in bribery and money laundering scandals involving more than one billion dollars. The fund is under investigation by Vatican authorities. The fund, Centurion Global Fund, made headlines this week that […]
Developers acting for the Vatican Secretariat of State offered to raze a London parish hall and rectory and replace it with low-cost housing, in order to try to push through a luxury apartment development. The luxury development project involves two recently suspended Vatican employees, and a nest of Vatican-controlled holding companies led by an architect […]
The head of the Vatican’s central bank appeared to admit this week to a transaction that could be a violation of European regulatory commitments, namely a loan of 50 million euros to finance the purchase of a struggling Italian hospital. Sources say a controversial grant from the U.S.-based Papal Foundation was requested in order to […]
The Vatican has announced that Bishop Nicholas DiMarzio of Brooklyn, New York, will lead an apostolic visitation of the Diocese of Buffalo. The visitation, a canonical inspection and fact-finding mission, was ordered by Cardinal Marc Ouellet, the prefect of the Congregation for Bishops, the Vatican department responsible for overseeing the personal conduct of bishops. A […]
The plan for a “binding synodal process” recently approved by the German bishops will be sent to a controversial lay group for amendment and approval, CNA has learned. On Sept. 25, the German bishops’ conference concluded a three-day plenary session at which bishops debated and voted to adopt statutes for the creation of a Synodal […]
The Diocese of Scranton has begun an investigation into allegations of misconduct on the part of the rector of the Basilica of the National Shrine of the Immaculate Conception in Washington, D.C. “Bishop Joseph Bambera, Bishop of the Diocese of Scranton, has commenced the process of launching a full forensic investigation into the concerns that have […]