Vatican Finances

The Latest

The flag of Vatican City with St. Peter's Basilica in the background on May 29, 2015.

Lawyer downplays suspended Vatican official’s role in London property deal

Nov 5, 2020

By Hannah Brockhaus

A lawyer for Msgr. Mauro Carlino downplayed the suspended Vatican official’s involvement in a controversial London property deal, saying that... Read more

Pope Francis during the Wednesday general audience inside the San Damaso Courtyard of the Vatican's Apostolic Palace, Sept. 30, 2020.

Analysis: Pope Francis’ ‘long game’ of Vatican financial reform comes full circle

Nov 5, 2020

By Ed Condon

Pope Francis has removed control of financial affairs and investments from the Secretariat of State - a dramatic turn in the... Read more

London.

Lone director of Vatican's London property has business ties to deal's broker

Nov 2, 2020

By Ed Condon

The Vatican Secretariat of State’s holding company, through which it controls a London property at 60 Sloane Avenue, has only... Read more

Bishop Nunzio Galantino, pictured in 2016.

Vatican bishop: Peter’s Pence not used to cover London investment losses

Nov 2, 2020

A Vatican bishop said Saturday that the Holy See did not use money from Peter’s Pence or the pope’s discretionary... Read more

Pope Francis at the General House of the Society of Jesus in Rome, Dec. 13, 2019.

Pope Francis says more action coming in fight against Vatican corruption

Oct 30, 2020

By Hannah Brockhaus

Pope Francis has said more changes are on the horizon as the Vatican continues to combat financial corruption inside its... Read more

The Palace of Justice in Milan, Italy.

Italian 'security consultant' freed from jail until Vatican extradition request decided

Oct 30, 2020

By Hannah Brockhaus

An Italian woman under investigation by Vatican authorities for suspected embezzlement was released from a jail in Milan on Friday,... Read more

Cardinal Angelo Becciu.

Becciu: 'No communication' from Vatican investigators over Cecilia Marogna

Oct 29, 2020

By Hannah Brockhaus

Lawyers for Cardinal Angelo Becciu have said the cardinal has received 'no communication' from Vatican investigators looking into payments by... Read more

Vatican police car.

Report: Vatican investigators focus on longtime investment manager

Oct 27, 2020

An Italian newsweekly says it has obtained a document in which Vatican investigators focus on Enrico Crasso - a longtime... Read more

Cardinal George Pell arrives in Rome Sept. 30, 2020.

Australian state police rule out probe into Vatican money transfers during Pell trial

Oct 23, 2020

Police in the Australian state of Victoria said Friday that they have no plans for a further investigation into reports... Read more

Cardinal Angelo Becciu.

Report: Vatican requests evidence in Becciu embezzlement investigation

Oct 23, 2020

By Hannah Brockhaus

Vatican prosecutors have requested evidence from Rome in an ongoing investigation into allegations that Cardinal Angelo Becciu used Secretariat of... Read more

The flag of Vatican City with St. Peter's Basilica in the background.

Report: Vatican investigators provide evidence of payments to Italian ‘security consultant’

Oct 21, 2020

By Hannah Brockhaus

Vatican investigators have evidence that an Italian woman accused of embezzling from the city state was paid by order of... Read more

Victoria Police shoulder patch.

Alleged Vatican money transfers during Pell trial referred to police by Australian intelligence agency

Oct 20, 2020

The Australian financial intelligence agency has handed information to federal police concerning allegations that international money transfers, amounting to hundreds... Read more

Police officer on duty at St Peter's square in Vatican City.

Report: Secret audio recording shows key figures discussing Vatican’s London property deal

Oct 19, 2020

An Italian newspaper claimed Monday that it had gained access to a secret audio recording of a meeting between three... Read more

Cardinal Angelo Becciu.

Becciu 'vigorously' denies interference in Cardinal Pell trial

Oct 18, 2020

By Hannah Brockhaus

Cardinal Giovanni Angelo Becciu again denied having interfered in any way with the trial of Cardinal George Pell, after Italian... Read more

Police officers on duty at St Peter's square in Vatican City.

Italian ‘security consultant’ appeals extradition to Vatican over financial crimes

Oct 16, 2020

Cecilia Marogna was arrested October 13 by Italian financial authorities after a warrant was issued by Vatican prosecutors through Interpol.  Read more

Vatican police car.

'Security consultant' linked to Vatican's Becciu scandal arrested

Oct 13, 2020

Cecilia Marogna was held by Italian financial authorities on Tuesday evening in Milan on an international warrant issued by the... Read more

The flag of Vatican City with St. Peter's Basilica in the background.

As evaluation ends, Vatican says Moneyval inspection was ‘constructive’

Oct 13, 2020

By Hannah Brockhaus

Moneyval, the Council of Europe’s anti-money laundering watchdog, concluded its two-week on-site inspection of the Holy See and Vatican City... Read more

Pope Francis speaks with Vatican Secretary of State, Cardinal Pietro Parolin during his visit to Lima's Cathedral on January 21, 2018.

Analysis: Vatican finances and Cardinal Parolin’s crisis of credibility

Oct 12, 2020

By Ed Condon

On Saturday, the ongoing saga of Vatican financial scandal – or reform, if you prefer – continued with the announcement that... Read more

Pope Francis receives Cardinal George Pell in a private audience at the Vatican Oct. 12, 2020.

Pope Francis meets with Cardinal Pell at the Vatican

Oct 12, 2020

Former Vatican finance czar Cardinal George Pell met with Pope Francis in a private audience at the Vatican Monday.  Read more

The flag of Vatican City with St. Peter’s Basilica in the background.

Vatican amends financial law amid Moneyval inspection

Oct 10, 2020

The Vatican unveiled changes to a landmark law on transparency, supervision, and financial intelligence Saturday, saying that the move would strengthen... Read more