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bemildred

(90,061 posts)
Fri Dec 5, 2014, 03:21 PM Dec 2014

APNewsBreak: Vatican Finance Czar Moves Into Bank

Pope Francis' economic czar is symbolically asserting his control over Vatican money by moving into the enormous office of the president of the Vatican bank.

Cardinal George Pell's secretary, the Rev. Mark Withoos, confirmed the move Friday to The Associated Press. He said the space is vacant and the cardinal wants to use "Vatican space wisely."

Pell was named in February to head the Secretariat of the Economy, a new finance ministry created to improve efficiency, accountability and transparency in the Holy See's administration. It is tasked with overseeing all economic, administrative, personnel and procurement functions.

Pell's authority over the Vatican bank, however, hasn't been clear since the bank is governed by a separate commission of cardinals.

http://abcnews.go.com/Health/wireStory/apnewsbreak-vatican-finance-czar-moves-bank-27393433

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