VATICAN CITY
Times of Malta
Pope Francis has named his personal secretary, Mgr Alfred Xuereb, to supervise the activities of the Vatican Bank, in a sign the pontiff wants to keep a tight grip on the drive to clean up its operations and image.
Mgr Xuereb, 55, a Gozitan, will be responsible for overseeing two commissions created by the Pope to supervise the bank itself and the economic structure and finances of the Holy See, the Vatican said in a statement.
Since taking office in March, Pope Francis has moved to tackle years of financial scandals involving the Vatican bank, formally known as the Institute for Works of Religion, which is under investigation on suspicion of money laundering.
Mgr Xuereb will keep the Pope informed about the work of the commissions and any action that needs to be taken, it said.
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