The recent suspension of an audit of Vatican finances by a major accounting firm shed light on a lively debate within the Sacred Walls about the balance of power between the Secretariat of State and the Secretariat for the Economy.

The debate is, in fact, a result of the Curia reform begun by Pope Francis.

The international auditing firm Pricewaterhouse Cooper (PwC) was hired Dec. 5 by the Secretariat for the Economy to audit the Vatican’s 120 financial departments’ books and check if they had been filed according to international accountability standards.

The auditing was suspended April 12 by the Secretariat of State, with two letters by Cardinal Pietro Parolin, Secretary of State, and by his deputy, Archbishop Giovanni Angelo Becciu. The letters reportedly claimed that proper procedures had not been correctly applied.

No official statement from the Holy See Press Office confirmed or dismissed the presence of the letters, or the suspension.

Source: Suspended audit reveals power struggle at the Vatican :: EWTN News

Advertisements