Cardinal Becciu resigns as prefect, renounces rights as cardinal
VATICAN CITY -- In a move apparently related to Vatican financial scandals, Pope Francis accepted Cardinal Angelo Becciu's resignation as prefect of the Congregation for Saints' Causes and his renunciation of the rights associated with being a cardinal, the Vatican announced late Sept. 24.
Students hit hardest by WE fallout
While the WE Charity scandal marches on, Catholic charities that had hoped to put young volunteers to work through the Canada Student Service Grant have been left wondering when and if they will ever see federal funding to support volunteer programs.
VATICAN CITY -- Pope Francis appointed a commissioner charged with overseeing and reorganizing the Fabbrica di San Pietro, the office responsible for the physical care and maintenance of St. Peter's Basilica.
VATICAN CITY -- An Italian broker who was arrested for his involvement in the questionable majority stake purchase of a property in London by the Vatican's Secretariat of State was granted a conditional release after 10 days in a Vatican jail cell.
VATICAN CITY -- Vatican authorities arrested and took into custody an Italian broker who was involved in the Vatican Secretariat of State's majority stake purchase of a property in London's posh Chelsea district.
VATICAN CITY -- To prevent fraud and corruption, uphold Catholic principles and save money, Pope Francis has issued a new set of laws covering contracts for the purchase of goods, property and services for both the Roman Curia and Vatican City State offices.
Vatican names new director of its financial watchdog agency
VATICAN CITY -- More than four months after Pope Francis named a new president for the Vatican's financial watchdog agency, the leadership roster of the agency was completed with the naming of a new director and vice director.
Vatican official denies use of charity money for London property deal
VATICAN CITY -- Italian Cardinal Giovanni Angelo Becciu, prefect of the Congregation for Saints' Causes, denied allegations that money earmarked for helping the poor was used to invest in a London property deal.
Pope Francis: New Vatican finance laws are working
VATICAN CITY -- The decade-long process of updating the laws of Vatican City State is part of the Vatican's support for international commitments to protect people and safeguard vulnerable groups, who are "frequently the victims of new, odious forms of illegality," Pope Francis said.
McCarrick fund gave more than $600,000 to clerics, two popes
WASHINGTON -- Two popes and multiple priests, cardinals and archbishops received part of $600,000 in financial gifts from former Washington Cardinal Theodore E. McCarrick, who controlled a discretionary fund, according to a report published Dec. 27 by The Washington Post.
Authors: Media coverage misleads on Vatican finances
WASHINGTON -- Recent media coverage that points to potential financial misdealing at the Vatican is creating misperceptions about corruption and fails to adequately explain how the fluid world of financial investing works, said the authors of an article published in a University of Notre Dame journal.
Pope Francis names new head of Vatican financial agency
VATICAN CITY -- Pope Francis appointed a seasoned Italian finance inspector to lead the Vatican's financial watchdog agency following the resignation of its president.
Bishop asks predecessor to repay $792,000 to diocese
WASHINGTON -- Bishop Mark E. Brennan of Wheeling-Charleston, West Virginia, has asked the former bishop of the diocese to pay back more than $792,000 to cover the "inappropriate expenditure of diocesan funds to support a luxurious lifestyle."
Pope Francis: Scandal shows financial reforms are working
ABOARD THE PAPAL FLIGHT FROM JAPAN -- Questions about Vatican finances, especially those involving a real estate deal in London, are serious, but they also are a sign that reforms begun by Pope Benedict XVI are working, Pope Francis said.
Cardinal Becciu denies allegations of financial mismanagement
VATICAN CITY -- Nearly a month after private documents about a property deal involving the Vatican leaked to the press, a Vatican official rejected accusations that he "played and tampered with the money of the poor."