Wednesday 26 June 2013

INQUIRER.net: Pope Francis probes Vatican bank as part of expected clean up

INQUIRER.net
Philippine News for Filipinos
Pope Francis probes Vatican bank as part of expected clean up
Jun 26th 2013, 14:21

VATICAN CITY — Pope Francis is launching a sweeping study of the scandal-plagued Vatican bank under an expected clear-out of top management at the Holy See, the Vatican revealed on Wednesday.   The pontiff is to take a hands-on approach, ensuring that everything a special five-member commission uncovers will be reported directly to him.   The 76-year-old is particularly keen to "better know the judicial position and activities" of the Institute for Works of Religion (IOR), as it is known, which has struggled to shake off its murky image amid persistent reports of shady dealings.   The bank has a troubled history, which includes the collapse of the B...

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