A Roman Observer: The Vatican published its annual financial statement last week, but it is not at all transparent or detailed and probably not completely accurate.
Secretariat for the Economy
More than a year after establishing special structures to oversee the Vatican's finances, Pope Francis has named an Italian accountant and expert in corporate risk management as the Vatican's auditor general.
The Vatican announced Friday the appointment of Libero Milone, the Dutch-born, London-educated chairman and managing partner of Milone Associates. He has worked for Flack Renewables, Wind Telecom and Fiat. Until 2007, he was chairman of Deloitte Italy and served three years as a member of the audit committee of the United Nations' World Food Program.
A Roman Observer: Australian Cardinal George Pell has always been a controversial figure. So why did Pope Francis bring him to the Vatican and place him in positions of power?
Pope Francis has placed reform of the Vatican as a top priority of his papacy. Whether or not he will succeed remains to be seen.
Pope Francis continues to move ahead with his reform of the Curia. But what does the appointment of Cardinal George Pell to the new Secretariat for the Economy mean?