Pope Francis reacts as he leads the weekly audience in Saint Peter's Square at the Vatican June 26, 2013. REUTERS/Giampiero Sposito
VATICAN CITY (Reuters) - Pope Francis on Wednesday set up a special commission of inquiry into the Vatican bank, his boldest move yet to get to grips with an institution that has embarrassed the Church for decades.
The high-powered, five-member panel, which includes four prelates and a woman Harvard law professor, will report directly to him, bypassing the Vatican bureaucracy that itself has sometimes been tainted by allegations of scandal and corruption.
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