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How the Vatican plans to make and spend its money in 2022—and be more transparent about it

The duty of the Secretariat for the Economy includes “to report transparently” so that those who contribute “are then able see how the money with which they help is spent,” Juan Antonio Guerrero, S.J., said Friday.

Vatican Cardinal, 9 Others on Trial Over $412M Fraud Case

First Posted: Jul 28, 2021 10:28 AM EDT Photo : Photo by Isabella BONOTTO / AFP / Photo by ISABELLA BONOTTO/AFP via Getty Images After investigations of the alleged criminal management of Vatican assets, including donations by countless Catholics, a trial was opened in Vatican City for 10 defendants, including a cardinal, on Tuesday. According to Fox News, the 73-year-old, Cardinal Angelo Becciu, was the most senior cleric in modern times to face trial for the alleged financial crimes. Becciu was charged with spending more than €350M or $412M of church money. The said fraud case focused on the botched deal of buying a property in Chelsea that incurred huge losses for the Vatican.

3,8 млрд евро – на толкова се оценяват активите на Ватикана :: Investor bg

3,8 млрд евро – на толкова се оценяват активите на Ватикана :: Investor bg
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