Pope puts faith in Vatican Bank to prevent repeat of London property scandal
Pope Francis has moved decisively to clean up corruption in Vatican finances and to avoid a repeat of the high-profile botched investment in a London property that resulted in a loss of 140 million euros. The Holy Father issued a document called a “rescriptum”, which explicitly ordered all investments made by Vatican departments to proceed
The post Pope puts faith in Vatican Bank to prevent repeat of London property scandal appeared first on Catholic Herald.
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All politics, and culture, is a contest of elites. The question is, which elite will dominate the halls of politics and culture? Contingent to this question is who will benefit because of the elites in power?
The challenges facing Pope Sergius I began prior to his election in 687 A.D. He was far from a unanimous choice for pontiff, brought forward as an alternative to an archpriest named Theodore and an archdeacon named Pascal, who competed strongly for the position. Pascal, not accepting defeat graciously, continued to dispute the outcome, and […]
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