Challenge Grant: Our Boosters will match donations up to $45,000. We have $38,445 to go. Please donate!
Click here to advertise on CatholicCulture.org

Spanish cardinal rumored to be Pope's choice to head commission on Vatican bank

Catholic World News - January 06, 2014

Pope Francis will name a Spanish prelate, Cardinal Santos Abril y Castello, to chair the commission of cardinals supervising the work of the Vatican bank, the Institute for Religious Works (IOR), according to the Italian daily Corriere della Sera.

Cardinal Tarcisio Bertone, the former Secretary of State, has been chairing the supervisory commission. When he stepped down as Secretary of State, Cardinal Bertone asked to remain in his post with the IRS commission until the completion of a report by European banking inspectors, which was delivered in December.

Pope Francis is expected to announce a complete overhaul of the supervisory commission within the next few days, according to Corriere della Sera.

Cardinal Abril y Castello is the archpriest of the Roman basilica of St. Mary Major. He was appointed to that position in 2011 by Pope Benedict XVI. He had previously served for years in the Vatican diplomacy. He became friendly with the future Pope Francis while serving as apostolic nuncio in Argentina from 2000 to 2003.

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 ($125,823 to go):
$150,000.00 $24,176.70
84% 16%
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!

There are no comments yet for this item.

Fall 2014 Campaign
Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Ignatius Press into the Breach: Trumping the Kasper Proposal 5 hours ago
Has the Vatican finally discovered how to avoid inaccurate English translations? 9 hours ago
The Synod: It's a Wrap! October 21
A chaotic synod? Not in its results October 21
Cardinal Kasper's unsubtle threat October 21

Top Catholic News

Most Important Stories of the Last 30 Days
Key synod report calls for 'gradualism' in Church response to irregular family situations CWN - October 13
As synod concludes, bishops issue message, approve document; Pope weighs in CWN - October 20
Cardinal Parolin: UN must protect innocents from Islamic State CWN - September 30
Synod of Bishops opens with Mass in St. Peter’s Basilica CWN - October 6