VATICAN CITY -- An Italian author who was once tried and acquitted by a Vatican court for publishing leaked documents is claiming in a new book that decades of mismanagement, shady deals and decreasing donations will leave the Vatican no choice but to default.

Published in Vatican

VATICAN CITY (CNA) -- A confidential report from the Vatican’s anti-corruption authority shows that the Secretariat of State has used about $725 million, most of which came from the pope’s charity fund, in off-books operations.

Published in Vatican

VATICAN CITY (CNA) -- The recent raid of Vatican offices is connected to an investigation into charges that Vatican money financed the development of luxury properties in London, and led to a windfall for the Vatican’s investment managers, according to an Oct. 14 report from Financial Times.

Published in Vatican
Tegucigalpa, Honduras – Cardinal Oscar Andrés Rodriguez Maradiaga has rejected accusations of financial mismanagement, and offered an explanation for allegations that he has received an excessive salary for a largely ceremonial role at the Catholic University of Honduras.
Published in International

Tegucigalpa, Honduras – An Italian media outlet has reported allegations of financial mismanagement on the part of Honduran Cardinal Oscar Maradiaga, although no formal allegations or charges have been raised against the cardinal to date.

Published in International
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