The case raised questions about financial mismanagement at the highest levels of the church, and about Pope Francis’ power.
Tag: Vatican Bank
Catholic Church Issues Guidelines for Ethical Investing
In the midst of a criminal trial of 10 church officials on charges of financial impropriety, the church put forth a long-delayed document that lays out standards for avoiding improper investments.
Former Vatican Banker Convicted of Money Laundering and Embezzlement
The ruling by the Vatican court signaled the church’s desire to get its financial house in order following past scandals.