Cardinal Pell should look into why I was ousted, says former Vatican bank chairman

ITALY
Catholic Herald (UK)

by Staff Reporter
posted Thursday, 8 Jan 2015

Ettore Gotti Tedeschi says Benedict XVI called for his immediate rehabilitation in an exclusive article for the Catholic Herald

The ousted chairman of the Vatican bank has urged the cardinal overseeing Vatican financial reform to throughly examine the events that led to his dramatic departure in 2012.

In this week’s edition of the Catholic Herald, Ettore Gotti Tedeschi explains for the first time in detail why he believes he was ousted.

Dr Gotti Tedeschi says he is writing in response to an article by Cardinal George Pell, prefect of the Vatican Secretariat for the Economy, published by the Catholic Herald last month.

In the article, Cardinal Pell said the Vatican’s finances were in better shape than many had feared, thanks to the discovery of hundreds of millions of euros that were “tucked away in particular sectional accounts and did not appear on the balance sheet”.

Dr Gotti Tedeschi writes: “Cardinal Pell is absolutely right when he says the Holy See has a strong desire to comply with international standards of financial transparency. That is exactly what Benedict XVI set out to achieve when he launched sweeping reforms of the Vatican’s finances.”

Nine reasons were given at the time for his removal, but Dr Gotti Tedeschi says the reasons were “misleading” and that he is convinced he lost a vote of no confidence after he presented the board “with a plan that would have totally changed the role and governance of the bank”.

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