Our Boosters are matching gifts up to $45,000. We have $33,972 to go. Your gift today will count twice!
Click here to advertise on CatholicCulture.org

Pope's choice to direct Financial Information Authority seen as reformer

Catholic World News - January 30, 2014

Pope Francis has named a new president for the Vatican’s Financial Information Authority (FIA), in another step to establish a new team to supervise the Vatican’s financial affairs.

Bishop Giorgio Corbellini, who heads the Vatican’s Labor Office, has been appointed interim president of the FIA, replacing Cardinal Attilio Nicora, who is retiring at the age of 76.

Although Cardinal Nicora had already passed the normative retirement age of 75, John Allen of the National Catholic Reporter notes that the appointment appears to be a move toward reform for two reasons:

First, Cardinal Nicora is seen as an ally of Cardinal Tarcisio Bertone, the former Secretary of State, whose handling of Vatican financial affairs has been sharply criticized. Moreover, Cardinal Nicora was president of the Administration of the Patrimony of the Holy See (APSA) from 2002 until 2012. The APSA is now under heavy scrutiny because of the criminal trial of Msgr. Nunzio Scarano, the former chief accountant for APSA, who is accused of money-laundering and other financial misconduct.

Second, Bishop Corbellini worked closely in the past with Archbishop Carlo Maria Vigano at the Vatican City Governorate. Archbishop Vigano (who is now the apostolic nuncio to the US) was seen as a financial reformer in that office, whose private letters to Pope Benedict XVI, complaining of corruption in the Vatican’s financial affairs, were made public in the “Vatileaks” scandal.

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 ($120,151 to go):
$150,000.00 $29,848.98
80% 20%
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

And here's another very old story: the secular media don't understand Catholic affairs 18 hours ago
How not to be persuasive 19 hours ago
Francis the Man, Francis the Pope October 28
Clarifying what it might mean for a pope to wish to change Catholic doctrine October 28
Does the Kasper Proposal make Pope Francis a heretic? Invalid marriages and mortal sin October 28

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
Synod of Bishops opens with Mass in St. Peter’s Basilica CWN - October 6