VATICAN CITY
GMA News
AFP
Published July 10, 2016
VATICAN CITY, Holy See – Pope Francis issued a decree Saturday aimed at boosting transparency over Vatican finances, which have been under scrutiny since leaks of secret documents revealed serious irregularities that may have masked corruption.
The move follows months of tension between the body charged with managing the Holy See’s assets and the Vatican’s powerful economy ministry.
The Argentine pontiff’s “motu proprio” reverses a 2014 bill which had transferred the competencies of the authority in charge of the Vatican’s real estate — known as ASPA — to the Secretariat for the Economy, headed by finance czar Cardinal George Pell.
It essentially left Pell’s department both in charge of managing the assets and keeping watch over asset management.
“It is of the utmost importance that bodies responsible for vigilance are separated from those that are being overseen,” Francis said in the new document published by the Vatican.
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