VATICAN CITY
Reuters
BY PHILIP PULLELLA
VATICAN CITY Wed Jan 15, 2014
(Reuters) – Pope Francis shook up the scandal-plagued Vatican bank on Wednesday, removing four of five cardinals from an oversight body in a break with the clerical financial establishment he inherited from his predecessor.
It was his latest move to get to grips with an institution that has often been an embarrassment for the Holy See and which he has vowed to either reform or close.
The four cardinals were removed just 11 months into their five-year terms as commissioners, which began under former Pope Benedict, who resigned last February.
The changes came as Francis approached the first anniversary of a pontificate marked by austerity and sobriety, underlined by his decision to give up the papal apartments in favor of a modest suite.
The new team includes two cardinals – Toronto’s Christopher Collins and Vienna’s Christoph Schoenborn – from relatively rich dioceses who have had extensive dealings with financial affairs.
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