Oct. 10, 2017.
Reform of the Vatican’s finances has been a top priority for Pope Francis. However, after some initial successes he has now suffered several serious reverses:
- An independent financial audit of the Vatican’s finances by PwC was abruptly halted
- Cardinal Pell who heads the new Secretariat of the Economy is in Australia facing sexual abuse charges in court which could see him away from Rome for a year – and no replacement has been appointed
- The highly respected Auditor General Libero Milone was appointed on a 5-year contract but left after 2 years. Milone says he was forced to quit after finding irregularities.
It appears obvious that some powerful members of the Curia do not want transparency in financial matters. The problem seems to lie in Vatican culture, where each Vatican department guards its autonomy. While most Vatican departments now prepare accounts covering their running costs, there are no public accounts of the Vatican’s property and investment portfolios, which are spread over a number of departments. The Vatican’s property portfolio is estimated at €10billion but these details are kept secret.
Pope Francis has said: “If we don’t know how to look after money, which we can see, how can we look after the souls of the faithful, which we cannot?”
We Are Church International fully supports Pope Francis’ financial reforms aimed at accountability and transparency. “We call on Pope Francis to appoint a new head at the Secretariat of the Economy to replace Cardinal Pell, whose 5 year term would in any case end in 2019” said Sigrid Grabmeier, Chair of We Are Church International. “The new head should be a layperson with experience in change management in complex organizations. This is essential in giving the people of the Church a sense that the Vatican understands the importance of being open about its finances. It will increase the sense of trust donors have in the Vatican.”
Contact: Marianne Duddy-Burke,
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We Are Church International (IMWAC) founded in Rome in 1996, is a global coalition of national church reform groups. It is committed to the renewal of the Roman Catholic Church based on the Second Vatican Council (1962-1965) and the theological spirit developed from it.
The so-called “Filial Correction on the Propagation of Heresies” directed towards Pope Francis and signed by 62 individuals represents the desperate complaints of a tiny group of extremist conservatives, according to We Are Church International, a coalition of 21 Catholic Church reform organizations from around the globe.
We Are Church International welcome the appointment of Archbishop Luis Ladaria SJ as the new Head of the CDF hoping he will introduce transparency, justice and compassion in the CDF. The decision on a change at the top of the CDF is also seen as progress in reform of the curia. Nevertheless We Are Church International states: “The Vatican curia devotes too much energy to protect and preserve institutional power. This will only change when there is a full blossoming of laypeople and especially women’s involvement in the church and its mission. Substantive change in our Church is urgently needed.” We are Church international calls on the new prefect to rescind all sanctions against theologians as a sign of a new era of justice in the Church and to open and support the vivid exchange on theological positions without ban of thinking.
After the Vatican’s first ever Auditor General, Libero Milone, has resigned suddenly, We Are Church International asks if the Vatican can at all be reformed in a slow step-by-step way. The former Head of Deloitte in Italy was just 2 years into his 5 year term to audit the Vatican’s finances. No reason was given for his sudden departure. The search for his replacement has just begun. It appears that the curia in the Vatican have managed to dump any financial reforms: