Pope Francis' new motu proprio notes that assets acquired by entities of the Roman Curia are owned by the Holy See, not the individual institutions: but why has he stated this?
The Pontifical Academy for Life's Arcbhishop Paglia reportedly used nearly half a million euros of charitable funds to renovate his personal apartment at the Vatican.
The lawsuit brought by the Vatican's former Auditor General has been delivered a major blow after the Holy See refused to allow Libero Milone's chosen legal representation.
'I was discovering things that somebody wanted to keep undercover,” Libero Milone said to journalists in Rome on Tuesday. 'All these matters were reported to the Pope. I wasn’t spying. I was doing my job.'
Cardinal Angelo Becciu's financial corruption trial is ongoing and entering its second year of proceedings. He resigned his privileges as a cardinal in 2020, prior to the trial.
The alleged spying operation targeted London-based millionaire fund manager and consultant Raffaele Mincione, who is accused of defrauding the Vatican in a shady 350 million euro real estate deal.
The policy bans investments not in line with Catholic ‘fundamental principles, such as the sanctity of life or the dignity of the human being or the common good