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Vatican Finances
Vatican Asset Management Body Reports 45.9 Million Euro Profit in 2023
About 37.9 million euros ($41 million), which accounts for 82.6% of the total profit generated, will go toward supporting the work of the Roman Curia.
Pope to Vatican Employees: Lure of Corruption is Dangerous and "we must be vigilant"
Pope Francis received in an audience on Monday the members of the Office of the Auditor General.
Vatican’s First Auditor General and His Deputy Sue Secretariat of State
The first auditor general of the Vatican and his deputy are suing the Secretariat of State for $9.25 million in damages.
Vatican Says Peter’s Pence Donations Fell by Around 15% in 2021
Peter’s Pence is an annual collection to finance the pope’s charitable works and other priorities.
Italian Cardinal Accused of Corruption, Abuse of Office Present at Day 1 of Finance trial
Angelo Cardinal Becciu was present Tuesday, July 27, the first day of a major Vatican finance trial to defend himself of charges of embezzlement and abuse of office. He is one of 10 defendants in the Vatican’s largest trial for financial crimes in modern times.
Vatican Releases 2020 Consolidated Balance Sheets, Maintains “precautionary liquidity”
The Vatican's balance sheet showed a deficit of $78 million in 2020.
Cardinal Becciu to Stand Trial at Vatican for Embezzlement and Abuse of Office
The Vatican announced Saturday that Cardinal Angelo Becciu will be tried on charges of embezzlement and abuse of office.
Vatican's Council for Economy Discusses Annual Budget for 2021
The Vatican’s Council for the Economy met on Tuesday to discuss the details of the annual budget for 2021.
Vatican Court Due to Hold Sentence Hearing for ex-Vatican Bank President
The Vatican court is due to hold a sentence hearing next week in a criminal trial against the former president of the Institute for Religious Works.
Australia’s Catholic Bishops Seek Answers about Mystery of Billions Linked to Vatican
Australia’s Catholic bishops are considering raising questions with the country’s financial watchdog authority about whether any Catholic organizations were among the recipients of billions of Australian dollars in transfers reputedly from the Vatican.
Pope Francis Issues Law Reorganizing Vatican Finances
Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals.
Pope Francis Says More Action Coming in Fight Against Vatican Corruption
Pope Francis has said more changes are on the horizon as the Vatican continues to combat financial corruption inside its walls, but he is cautious about success.
Becciu 'vigorously' Denies Interference in Cardinal Pell Trial
Cardinal Giovanni Angelo Becciu again denied having interfered in any way with the trial of Cardinal George Pell, after Italian media reported an allegation that Becciu might have wired money to Australia as a bribe during Pell’s trial.
Cardinal Becciu Claims "absolute falseness" of Allegations Against Him
Cardinal Angelo Becciu insisted Wednesday on the “absolute falseness” of claims of financial misconduct against him.
Pope Francis Appoints Extra Prosecutor to Vatican City Court
Pope Francis Monday named an Italian lawyer and professor of commercial law to work as an additional prosecutor in the Vatican City State’s court.
Cardinal Pell to Return to Rome this Week
Cardinal George Pell is set to return to Rome on Tuesday, his first time back in the Vatican since 2017, when he took a leave of absence from his role as prefect of the Vatican’s Secretariat for the Economy to travel to Australia.
New Details Emerge about Cardinal Becciu’s Management of Vatican Finances
Following his resignation Thursday, September 24, new reports reveal details of how Cardinal Angelo Becciu managed Vatican financial affairs, developing a story CNA first broke last year.
Two Vatican Officials Sign Agreement to Cooperate on Fighting Corruption
The Vatican’s prefect of the Secretariat for the Economy and auditor general signed a memorandum of understanding Friday on the fight against corruption.
Church Financial Scandals “must not be covered up”: Vatican Secretary of State
In an interview Thursday, Cardinal Pietro Parolin, the Vatican Secretary of State, spoke about uncovering financial scandal, saying that hiding scandal increases and entrenches it.
Pope Francis Appoints Six Women to Vatican's Economy Council
Pope Francis on Thursday named 13 new members to the Council for the Economy, which oversees Vatican finances and the work of the Secretariat for the Economy.
