Pope removes cardinals in shake-up of Vatican bank


  • World
  • Thursday, 16 Jan 2014

VATICAN CITY (Reuters) - Pope Francis shook up the scandal-plagued Vatican bank on Wednesday, removing four of five cardinals from an oversight body in a break with the clerical financial establishment he inherited from his predecessor.

It was his latest move to get to grips with an institution that has often been an embarrassment for the Holy See and which he has vowed to either reform or close.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Ceasefire monitoring centre in Nagorno-Karabakh shuts as Russian peacekeepers withdraw
Supporters of Spain's Sanchez call rallies, leftists abroad urge him to stay
Let us press on with UK migrant plan, Rwanda tells critics
Ukraine's Zelenskiy calls for air defense systems as allies meet
Analysis-Trump election subversion case bogs down as allies' legal woes grow
Missile launched from Yemen's Houthi area, no injuries reported, CENTCOM says
Turkish court convicts Syrian woman over Istanbul bombing, media says
Analysis-Arrest of Russian defence minister's deputy may be strike by rival 'clan'
Former tabloid publisher to face more questions in Trump hush-money trial
Burkina Faso suspends BBC, VOA radio broadcasts over killings coverage

Others Also Read