To meet 2014 costs & move to a more stable platform next month, we must raise $11,242 more in December!
Click here to advertise on CatholicCulture.org

Prelate of Vatican bank reportedly offers resignation

Catholic World News - July 22, 2013

The newly appointed prelate of the Vatican bank, the Institute for Religious Works (IOR), has offered to resign, according to a Roman news agency.

I Media, a respected outlet specializing in Vatican affairs, has sent a Twitter message that Msgr. Battista Ricca, who is at the center of a report about the influence of the "gay lobby" at the Vatican, offered his resignation to the Pope on Saturday, July 20.

The Vatican has not commented on the I Media report, which came just before Pope Francis left Rome for Rio de Janeiro, where he will preside at World Youth Day observances. A day earlier, however, the Vatican press office had said that reports of Msgr. Ricca's homosexual alliances were "not credible."

Msgr. Ricca was appointed by the Pope in June to become prelate of the IOR, exercising supervisory control of an institution that has been troubled by charges of lax oversight. Last week Sandro Magister of L’Espresso charged that Msgr. Battista Ricca had engaged in homosexual misconduct while on an earlier assignment as a Vatican diplomat in Uruguay. Magister claimed that the cleric had been protected, and information about his scandalous conduct had been kept from the Pope, by sympathetic Vatican officials.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Our Fall Campaign
Progress toward our year-end goal ($11,242 to go):
$142,000.00 $130,757.96
8% 92%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

Show 2 Comments? (Hidden)Hide Comments
  • Posted by: jg23753479 - Jul. 22, 2013 9:46 PM ET USA

    I think we need to hesitate before accepting the assurance that the allegation is "not credible." Unfortunately, what has become "not credible" is the Church's official responses to manifestations of this homosexual crisis.

  • Posted by: Defender - Jul. 22, 2013 7:40 PM ET USA

    Seems like an easy thing to find out, especially when you see the numbers of people involved in the Chiesa article.

Subscribe for free
Click here to advertise on CatholicCulture.org
Shop Amazon

Recent Catholic Commentary

Which American archbishops—if any—will receive red hats at the February conclave? December 23
A Blessed Christmas! December 23
Facing entrenched opposition, Pope Francis plows ahead on Vatican reform December 22
The cardinal who can't let go December 22
Denial of Service Attack: Success! December 19

Top Catholic News

Most Important Stories of the Last 30 Days
Pope Francis, Ecumenical Patriarch sign joint declaration, lament persecution of Christians CWN - December 1
Consistory for new cardinals scheduled for February CWN - December 11
Vatican report on US women religious calls for further self-assessment CWN - December 16
Pope brokered deal to open US-Cuba ties CWN - December 17
Pope identifies 15 spiritual ‘sicknesses’ of the Curia CWN - December 22
Pope Francis's Christmas Message 'Urbi et Orbi' (To the City and the World): full text, link to video CWN - December 25