The Vatican’s financial watchdog agency has marked 544 activities as questionable, freezing or halting movement of a total of some $2.4 million and 15.3 million Euros.
Institute for the Works of Religion
The Institute for the Works of Religion, commonly known as the Vatican bank, showed a large jump in profits in 2014 as it continued to winnow its accounts.
The institute reported a net profit of 69.3 million euros ($75.5 million) in 2014 compared to a 2013 net profit of 2.9 million euros.
The bulk of the profit, 55 million euros, was given to the Holy See for its operating costs.
As Pope Francis and Vatican officials try to revamp the Vatican's economic policies, differences of opinion are normal, but leaking documents is illegal, the Vatican spokesman said.
One week after publishing highlights of its 2013 financial statement, the Institute for the Works of Religion -- commonly called the Vatican bank -- released a 107-page, detailed financial report for the year.
The first statement, released July 8, said the institute's net profit for 2013 was only 2.9 million euros ($3.9 million) compared to 2012 net profits of 86.6 million euros ($117.7 million).
"This should, we hope, result in financial gains generating revenue for the work of the church, especially in the service of the wider society."
The Vatican bank's net profit for 2013 was 2.9 million euros, down from the 2012 net profits of 86.6 million euros.
One thing the pope and his Council of Cardinals discussed was how bishops currently are chosen for dioceses around the world.
In its latest bid to tackle corruption and increase transparency, the Vatican's financial watchdog has signed a bilateral accord to exchange information with its counterpart in the U.S.
On Monday, officials with the Financial Information Authority announced it endorsed the agreement with the Office of the Comptroller of the Currency, an independent body in the U.S. Treasury Department responsible for regulating and supervising domestic and foreign banks.
Aboard the papal plane: Pope Francis said he will meet with six to eight sex abuse victims and confirmed an investigation of the Vatican's former secretary of state.
The Italian cardinal who served as the Vatican's No. 2 official under Pope Benedict XVI has rejected allegations that he mishandled 15 million euros ($20 million) from Vatican bank accounts.