VATICAN CITY
International Business Times
By Lydia Tomkiw
Pope Francis has ordered an audit of the Catholic Church’s wealth in what is being described as an “unprecedented” look into wealth and high spending, Bloomberg reported Tuesday. A “Working-Party for the Economic Future” was established with the Secretariat of State, the Vatican’s Bank and other agencies to examine corruption and mismanagement.
The panel will “address the financial challenges and identify how more resources can be devoted to the many good works of the Church, especially supporting the poor and vulnerable,” said Danny Casey, a representative from the Secretariat for the Economy.
With advice from his economic chief Cardinal George Pell, the Pope established the working group. The audit comes at moment when five people are on trial for leaking documents about wasteful spending within the church in what has been dubbed the Vatileaks scandal. The three Vatican insiders and two Italian journalists on trial could face prison terms of up to eight years, AFP reported. All five people in the highly criticized trials have been charged with releasing documents “concerning the fundamental interests of the Vatican State.”
Speaking with reporters on a flight after his recent visits to Kenya, Uganda and the Central African Republic, Pope Francis said “an error was made” with the appointment of some Vatican employees, a press statement from the Vatican said. He also said he was not surprised by the leaked information because he was aware of corruption within the church.
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