Former aide says Francis may close Vatican Bank

longknife

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Sep 21, 2012
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Buenos Aires, Argentina --
A former top aide to Pope Francis said yesterday that a little-known aspect of his record as the archbishop of Buenos Aires lends credence to speculation that sooner or later, he may shut down the Vatican Bank.

On Tuesday, the Reuters news agency quoted two Vatican officials anonymously who said that closing the bank, formally known as the “Institute for the Works of Religion,” is an option Francis might consider.

Yesterday Federico Wals, a layman who served as the future pope’s spokesperson in Buenos Aires since 2007, told NCR he believes that may well be the case.

“I think he’ll move everything to the Bank of Italy, or something like that,” Wals told NCR, citing as a precedent a key decision made by then-Cardinal Jorge Mario Bergoglio when he arrived in Buenos Aires in the late 1990s.

Read more @ Former aide says Francis may close Vatican Bank | National Catholic Reporter

and the Pope's sister has plenty to say @ Pope's sister: Francis 'plenty tough enough' to lead | National Catholic Reporter
 
He really is shaking things up. less than a month and ive seen more articles about him doing more than Ive seen about his predecessors during their whole time as Pope.

Course, it doesnt hurt that longknife keeps posting articles;)
 
He really is shaking things up. less than a month and ive seen more articles about him doing more than Ive seen about his predecessors during their whole time as Pope.

Course, it doesnt hurt that longknife keeps posting articles;)

Why does a church need it's own bank?
 

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