VATICAN CITY
Daily Mail (UK)
The Vatican’s secret millions: Pope Francis’s finance minister admits Holy See squirrelled away hundreds of millions off the books
By HANNAH ROBERTS FOR MAILONLINE
The Vatican squirrelled away hundreds of millions of pounds in secret accounts, Pope Francis’ minister for finance has revealed.
Australian Cardinal George Pell said that millions of euros had been found ‘tucked away’ off official balance sheets in governing departments’ accounts, following a clean up of the Vatican’s shadowy finances.
The bombshell statement follows the long overdue introduction of Vatican guidelines for modern accounting earlier this month.
The Cardinal was appointed by Pope Francis to clean up the Vatican’s murky finances after a series of scandals involving the Vatican Bank which was suspected of money laundering.
The unexpected windfall meant that the Vatican finances were healthier than previously thought, Pell wrote in an article for the Catholic Herald.
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