Vatican Orders All Departments to Close All External Accounts

Church Militant ^ | 7/8/20 | Marco Tosatti

[marshmallow]

Leaked internal letter shows Vatican finances in full crisis

Dear friends and enemies of Stilum Curiae, we have received a letter which the prefect of the Secretariat of the Economy and Finance, Juan A. Guerrero, S.J., sent to the heads of all Vatican departments, essentially to ask that they close all current "external" accounts of the various dicasteries and offices and transfer the money preserved in these accounts to APSA, the Administration of the Patrimony of the Holy See, which is managed by the former secretary of the Italian bishops' conference, Bp. Nunzio Galantino, and by Bp. Gustavo Zanchetta. Zanchetta is the bishop protected by Pope Bergoglio who is under investigation in Argentina for alleged sexual abuse of seminarians and criticized for his financial management of the diocese of Oran, from which he suddenly fled, only to reappear at Santa Marta.

.....SNIP......

According to several experts in Vatican finances whom we have consulted, the motive of this letter — which does not seem to have been received with big smiles by the heads of the different dicasteries — indicates one thing above all else — that the Holy See has a desperate need for liquidity, and since it is APSA that pays all the salaries of Vatican employees, the need for funds is mandatory.

Among other things, it has been noted that many organs of the Holy See have accounts in banks other than APSA and IOR (the Institute for Religious Works — from whose account, however, they tell us, you cannot make transfers), which are necessary, for example, for organs like the Vatican Publishing House (LEV) that are concerned with publications. "They are looking between the cushions of the sofa and the armchairs to find the money that has fallen out of their pockets," joked one of the experts whom......

[piusv]

Not sure I understand your post.

[Hieronymus]

The second half of the first line is a punch line of Reagan.

Having Rome come in and offer help now days is even more scary than hearing that the government is on its way. It was not always so.

[SunkenCiv]

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