Pope considering closing Vatican Bank
Posted: Mon Mar 25, 2013 6:30 am
According to Joltin Joe, everything is hunky dory at the secretive bank, yet, the pope is considering closing it.
Maybe this pope will work out better than the last one. The more he gets in line with secular laws and moral systems, the better he becomes. Hmmmmm, fancy that!
Maybe this pope will work out better than the last one. The more he gets in line with secular laws and moral systems, the better he becomes. Hmmmmm, fancy that!
http://www.cathnews.com/article.aspx?aeid=35472" onclick="window.open(this.href);return false;Pope Francis is to consider abolishing the Vatican Bank - which has been beset by a scandal over allegations of money-laundering - in a drive for greater transparency at the heart of the Catholic Church, according to a report by The Times in The Australian.
Archbishop Claudio Maria Celli, who has been tipped as a possible secretary of state, or "Vatican prime minister", said Francis would weigh up appeals made by two cardinals on the eve of his election for the bank - formally known as the Institute for Works of Religion (IOR) - to be scrapped.
He said the Pope would be guided by a desire for "transparency . . . and faithfulness to international laws or rules in this field", including those on money-laundering.