Vatican banker worked to reform past policies

September 24, 2010

Digging a bit further into the accusations against the Vatican bank, Sandro Magister of L’Espresso emphasizes the irony of the investigation into the work of Ettore Gotti Tedeschi, the new chairman of the Institute for Religious Works (IOR).

Tedeschi, Magister writes, has been working diligently to make the IOR more transparent, breaking with a tradition of secrecy that allowed for questionable dealings in the past.

With Gotti Tedeschi as president, it is known that many accounts of dubious transparency have been closed, and many others have been regularized.

However the recent efforts by Tedeschi may not have eliminated all the problems, Magister notes:

But what about the old accounts? Those accounts of unclear ownership and suspicious transactions that marked the darker pages in the history of the IOR evidently do no belong exclusively to its past.

 

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Further information:

• The Pope's Banker Weathers the Storm (L’Espresso)