Commentary: In an emboldened turn in Francis' papacy, the Vatican is opening criminal proceedings on July 27 against Cardinal Giovanni Becciu and nine other defendants on charges of embezzlement and other finance-related crimes.
A board member of the Vatican's financial watchdog has resigned in the wake of a Vatican police raid that resulted in the agency's suspension from the global communications network of financial intelligence units.
Nearly a month after private documents about a property deal involving the Vatican leaked to the press, a Vatican official rejected accusations that he "played and tampered with the money of the poor."
Any time money changes hands, there is a potential for financial misconduct, but the leaders of the Vatican's Financial Information Authority said the Holy See has made enormous strides in reducing its risks.
