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16 January 2015

What Cardinal Pell needs to know

The ousted chairman of the Vatican bank tells his side of the story for the first time. I have a question for Cardinal George Pell, who as prefect of the Secretariat for the Economy is supervising the reform of the finances of the Holy See. Your Eminence, are you sure you have been properly informed about the recent history of the Vatican bank, of which I was chairman from 2009 until I was dismissed after a vote of no confidence in 2012?
In an article for the Catholic Herald last month, Cardinal Pell explained why he believes that the finances of the Holy See are in good shape and everything is now under control. Indeed, he said that the Vatican’s financial situation was much healthier than it seemed – because hundreds of millions of euros had come to light that were missing from the Vatican’s balance sheet.

http://www.catholicherald.co.uk/issues/january-9th-2015/what-cardinal-pell-needs-to-know-about-the-vaticans-finances/