In bold move, Pope names commission to reform Vatican bank


  • World
  • Thursday, 27 Jun 2013

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 set up a special commission of inquiry on Wednesday to reform the Vatican bank, his boldest move yet to get to grips with an institution that has embarrassed the Catholic Church for decades.

The high-powered, five-member panel, which includes four prelates and a female Harvard law professor, will report directly to him, bypassing the Vatican bureaucracy that itself has sometimes been hit by allegations of scandal and corruption.

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