Vatican Finances

The Latest

St. Peter's Square, Vatican City.

Mincione used former Vatican fund to invest in mafia-linked bond managed by Torzi company

Oct 1, 2020

By Ed Condon

An investment fund created for the Holy See Secretariat of State to invest Church funds was used to purchase millions... Read more

Fr. Juan A. Guerrero, S.J.

Economy prefect says Vatican must be ‘a house of glass’ as 2019 figures released

Oct 1, 2020

By Hannah Brockhaus

The Vatican’s Secretariat for the Economy released the 2019 balance sheet for the Roman Curia Thursday.  Read more

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

Cardinal Pell arrives in Rome as financial scandal casts shadow over Vatican

Sep 30, 2020

Cardinal George Pell arrived in Rome Wednesday as financial scandals continue to cast a shadow over the Vatican.  Read more

A Vatican flag waves over the dome of St. Peter’s Basilica.

Moneyval evaluation begins at Vatican

Sep 30, 2020

By Hannah Brockhaus

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

CNA file photo.

Cardinal Becciu allegations mount as Vatican appoints new prosecutor

Sep 28, 2020

Italian businessman Gianluigi Torzi has provided detailed information to investigators in the ongoing Vatican financial scandal, according to new reports.... Read more

Pope Francis greets pilgrims in St. Peter's Square on Feb. 26, 2020.

Pope Francis appoints extra prosecutor to Vatican City court

Sep 28, 2020

By Hannah Brockhaus

Pope Francis Monday named an Italian lawyer and professor of commercial law to work as an additional prosecutor in the... Read more

Cardinal George Pell. Alan Holdren/CNA

Cardinal Pell to return to Rome this week

Sep 27, 2020

By Courtney Mares

Cardinal George Pell is set to return to Rome on Tuesday, his first time back in the Vatican since 2017,... Read more

Cardinal Angelo Becciu.

Analysis: The Becciu resignation, a beginning not an end

Sep 25, 2020

By Ed Condon

The fall of Cardinal Angelo Becciu comes after nearly two years of reporting placing him at the center of several... Read more

Cardinal Giovanni Angelo Becciu, center, in 2015.

Cardinal Becciu says he did not commit crimes, welcomes chance to ‘explain’

Sep 25, 2020

By Hannah Brockhaus

The day after he was forced to resign from his Vatican job and to give up his rights as a... Read more

The then Archbishop Angelo Becciu blesses the Pilgrimage Information Center for the Extraordinary Jubilee of Mercy on Dec. 1, 2015.

New details emerge about Cardinal Becciu’s management of Vatican finances

Sep 25, 2020

By Hannah Brockhaus

Following his resignation yesterday, new reports reveal details of how Cardinal Angelo Becciu managed Vatican financial affairs, developing a story... Read more

Cardinal George Pell.

Cardinal Pell thanks Pope Francis after Cardinal Becciu resigns

Sep 25, 2020

Cardinal George Pell thanked Pope Francis Friday following the dramatic resignation of Vatican Cardinal Angelo Becciu.  Read more

Fr. Juan Antonio Guerrero.

Two Vatican officials sign agreement to cooperate on fighting corruption

Sep 18, 2020

By Hannah Brockhaus

The Vatican’s prefect of the Secretariat for the Economy and the auditor general signed a memorandum of understanding Friday on... Read more

The Royal Courts of Justice houses the High Court and Court of Appeal of England and Wales.

Mincione asks UK court to rule he ‘acted in good faith’ in Vatican deal

Sep 16, 2020

By Ed Condon

The Italian businessman at the center of the Vatican’s London property scandal is asking a British court to rule that... Read more

Cardinal Pietro Parolin.

Cardinal Parolin: Church financial scandals ‘must not be covered up’

Aug 27, 2020

By Hannah Brockhaus

In an interview Thursday, Cardinal Pietro Parolin, the Vatican Secretary of State, spoke about uncovering financial scandal, saying that hiding... Read more

Pope Francis appoints six women to economy council

Aug 6, 2020

By Hannah Brockhaus

Pope Francis on Thursday named 13 new members to the Council for the Economy, which oversees Vatican finances and the... Read more

Raffaele Mincione (C) and Carla Maria Orsi Carbone (R) attend the launch of M Industry London and the Art Bag at 51 Berkeley Square on Oct. 3, 2017 in London, England.

Vatican finances: London deal players had prior history

Jul 31, 2020

By Ed Condon

In the months before Gianluigi Torzi was asked by the Holy See to act as middle man for the final... Read more

Raffaele Mincione.

Police seize Mincione’s phones in Vatican corruption probe

Jul 15, 2020

By Ed Condon

Vatican prosecutors, working with Italian authorities, have executed a search and seizure warrant against the Italian businessman Raffaele Mincione, the... Read more

The AIF in the Vatican.

Analysis: 2020, the year to make or break Vatican finances?

Jul 10, 2020

By Ed Condon

The Holy See is facing a perfect storm of a massive income shortfall, months of financial scandal, and a looming... Read more

St. Peter's Basilica.

Vatican financial watchdog hails ‘rising trend’ in reports to Promoter of Justice

Jul 3, 2020

The Vatican’s financial watchdog authority reported Friday that it received 64 suspicious activity reports in 2019, 15 of which it... Read more

Cardinal George Pell.

Pell: Church’s mission ‘no justification’ for financial inefficiency or corruption

Jun 30, 2020

By Ed Condon

Cardinal George Pell has said that the Church’s spiritual mission is no excuse for bad management, and that financial corruption... Read more