VATICAN CITY
New York Times
By GAIA PIANIGIANIDEC. 4, 2014
ROME — It turns out that the Vatican, one of the world’s more secretive institutions, has even been keeping some secrets from itself.
Cardinal George Pell, who took over as the Vatican’s chief financial official in February, said Thursday that his staff had turned up hundreds of millions of euros that the Vatican did not know it had. The funds were “tucked away” in various accounts, he said, and had not been tallied on the Vatican’s main balance sheets.
The cardinal presented the found money as a happy surprise. “We have discovered that the situation is much healthier than it seemed,” he wrote in an article for the magazine Catholic Herald, which is scheduled to be published Friday. “It is important to point out that the Vatican is not broke.”
Between the lines, though, there was less to be happy about. Cardinal Pell did not say that there had been any malpractice, but he hinted that it might explain why his own branch of the Curia, as the Vatican’s central administration is known, had been in the dark about the money. “Problems were kept ‘in house,’ ” Cardinal Pell said of the various arms of the Curia. “Very few were tempted to tell the outside world what was happening, except when they needed extra help.”
The cardinal did not say exactly where the cash had been kept, or by whom, but he did note that individual departments and congregations of the complex Vatican bureaucracy had long had “an almost free hand” with their finances and had historically preserved a high degree of independence, especially the Secretariat of State.
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