Pope imposes financial oversight for saints after abuses

Pope Francis delivers a blessing as he arrives in St. Peter's Square for the weekly general audience, at the Vatican, Wednesday, Oct. 14, 2015. (AP Photo/Gregorio Borgia)

Pope Francis (AP Photo/Gregorio Borgia)

VATICAN CITY — Pope Francis has imposed new financial accountability regulations on the process for making saints after gross abuses were revealed.

Francis issued norms Thursday that require external vigilance over the Vatican bank accounts created for canonization causes as well as regular budgeting and accounting to make sure donations are being used correctly.

The reforms come after two blockbuster books based on confidential Vatican documents revealed that the Vatican’s saint-making machine brought in hundreds of thousands of euros for each saintly candidate but had virtually no financial oversight.

The books estimated the average cost for each beatification cause at around 500,000 euros ($550,000). TVJ

Get Inquirer updates while on the go, add us on these apps:

Inquirer Viber

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

Leave a Reply

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94

advertisement
advertisement