Posted on 04/20/2016 4:56:00 PM PDT by ebb tide
Just over four months since the Vatican announced that the Vatican would be subjected to an external audit by one of the world’s leading accounting firms, the Secretariat of State has said that it is pulling the plug on the initiative.
The Vatican announced the decision to suspend the audit, carried out by accountancy giant PricewaterhouseCoopers, in a letter sent to all Vatican entities this week.
(Excerpt) Read more at ncregister.com ...
Stoping an audit is bad.
Maybe an old robed priest tried to put it to a fresh out of college auditor
Molesting pay outs...cant let the populace see just how bad it is or that of course various popes knew
Why is it only the Catholics who have to account for everything that happens in their church? I never hear Catholics bashing Baptists because of the nutcases in the Westboro Baptist Church.
Yup, but trusting pricewaterhouse is worse.
“Molesting payouts...”
No such thing, unless the priest involved is a priest of the Diocese of Rome.
The money for payouts in abuse cases comes from the local diocese’s assets and insurance.
Contrary to popular belief, money from “the plate” in Catholic parishes does not go to Rome, and no money comes from Rome, either.
The real money corruption in Rome involves a lot of Cardinals, bishops, and priests with unaccounted-for slush funds.
Just a slur. Speaks more about you than your target.
No...the reason is huge liability!
“God’s Bankers: A History of Money and Power at the Vatican”
http://www.amazon.com/gp/product/B00LD1S4FI/ref=dp-kindle-redirect?ie=UTF8&btkr=1
The money for payouts in abuse cases comes from the local diocese’s assets and insurance.
Contrary to popular belief, money from “the plate” in Catholic parishes does not go to Rome, and no money comes from Rome, either.
The real money corruption in Rome involves a lot of Cardinals, bishops, and priests with unaccounted-for slush funds.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.