Vatican prosecutors issued new indictments Tuesday (Jan. 25) against four individuals involved in a financial scandal over the Roman Catholic Church’s money-losing investment in a London real estate deal, further expanding the number of defendants in what is already being referred to as the Vatican “megatrial.” All of the newly indicted are familiar figures in … Read more
Former Vatican economy czar Cardinal George Pell warns in a new book that the Catholic institution is facing a growing deficit, but he hopes financial reform efforts have put a stop to money laundering in the small city-state. Pell’s newest book, “Prison Journal, Volume 3: The High Court frees an Innocent Man,” was published in … Read more
In two recent interviews, the former president of the Institute for the Works of Religion (IOR), better known as the Vatican Bank, spoke about the relationship between members of the Roman Curia and a failed Italian bank, the manipulation of accounts at the IOR and how working in the Vatican led him almost to lose … Read more
In February 2013, in his last official act as pope, Pope emeritus Benedict XVI appointed a commissioner for a small, seemingly insignificant hospital in Rome, the Immaculate Dermatological Institute (IDI). Two years later, that same hospital was at the center of a tug-of-war between Australian Cardinal George Pell and the Vatican’s Secretary of State. Today, … Read more