Italian Cardinal Giovanni Angelo Becciu, prefect of the Congregation for Saints' Causes, denied allegations that money earmarked for helping the poor was used to invest in a London property deal.
Recent media coverage that points to potential financial misdealing at the Vatican is creating misperceptions about corruption and fails to adequately explain how the fluid world of financial investing works, said the authors of an article published in a University of Notre Dame journal.
In a move that may signal Pope Francis' plan for the reform of the Roman Curia is close to completion, the pope has named Philippine Cardinal Luis Antonio Tagle of Manila prefect of the Congregation for the Evangelization of Peoples.
Pope Francis and his international Council of Cardinals reviewed aspects of the draft of the apostolic constitution that would govern the Roman Curia, including a greater role for lay men and women.
