Vatican Finances

The Latest

St. Peter’s Basilica.

Vatican asset management body reports 45.9 million euro profit in 2023 

Jul 30, 2024

By Kristina Millare

About 37.9 million euros ($41 million), which accounts for 82.6% of the total profit generated, will go toward supporting the... Read more

Libero Milone.

Cardinal Becciu’s actions key question in ex-auditor’s wrongful termination appeal

Jul 1, 2024

By Hannah Brockhaus

Former Vatican auditor Libero Milone claimed he and former deputy Ferruccio Panicco were “threatened and expelled for doing our jobs.” Read more

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Pope to Vatican employees: Lure of corruption is dangerous and ‘we must be vigilant’

Dec 12, 2023

By Almudena Martínez-Bordiú

Pope Francis received in an audience on Monday the members of the Office of the Auditor General. Read more

Pope Francis speaks during his weekly general audience on Ash Wednesday Feb. 22, 2023.

What do Pope Francis’ latest financial measures mean?

Mar 2, 2023

By Andrea Gagliarducci

A new rescript from Pope Francis will mean an increase in the cost of housing for senior Vatican officials. Read more

Libero Milone

Vatican’s first auditor general and his deputy sue Secretariat of State

Nov 10, 2022

By AC Wimmer

Libero Milone and Ferruccio Panicco are seeking $9.25 million compensation for loss of earnings, damage to their reputations, and emotional... Read more

A hearing in the Vatican finance trial on May 20, 2022.

Analysis: Amid new testimonies, Vatican corruption trial points to key question

Oct 4, 2022

By Andrea Gagliarducci

The hearings at the Vatican’s corruption trial resumed last week and shed light on new aspects of the “trial of... Read more

Bishop Nunzio Galantino, president of the Administration of the Patrimony of the Apostolic See, pictured in 2016.

Vatican confirms sale of London property at heart of finance trial

Jul 1, 2022

By Courtney Mares

The Vatican has confirmed the sale of the luxury London property at the center of a financial corruption trial. Read more

St. Peter's Basilica.

Vatican’s financial watchdog sees rise in suspicious activity reports in 2021

Jun 13, 2022

By CNA Staff

ASIF received 104 suspicious activity reports in 2021, compared to 89 the year before. Read more

A hearing in the Vatican finance trial on May 31, 2022.

Here’s what the Vatican finance trial has revealed about the London deal

Jun 8, 2022

By Andrea Gagliarducci

Italian broker Raffaele Mincione was questioned on June 6-7. Read more

Cardinal Kevin Farrell, prefect of the Vatican Dicastery for the Laity, Family and Life.

Cardinal Farrell to lead Vatican investment oversight committee

Jun 7, 2022

By Hannah Brockhaus

The Irish-American cardinal will lead a committee of four finance professionals. Read more

A hearing in the Vatican finance trial on May 31, 2022.

Vatican finance trial highlights pressure to finalize London deal

Jun 1, 2022

By Andrea Gagliarducci

Two hearings this week turned the spotlight on the purchase of a luxury London property. Read more

A hearing in the Vatican finance trial on May 20, 2022.

The Vatican finance trial is shedding light on the Secretariat of State

May 25, 2022

By Andrea Gagliarducci

Three recent hearings gave a fuller picture of the powerful dicastery’s complex operations. Read more

A hearing in the Vatican finance trial on May 20, 2022.

Witness thrown out of courtroom as Cardinal Becciu cross-examination continues

May 20, 2022

By Hannah Brockhaus

Msgr. Alberto Perlasca was asked to leave the room by the court’s president. Read more

The Vatican flag.

The Vatican and Moneyval: What’s changed?

May 13, 2022

By Andrea Gagliarducci

A European anti-money-laundering watchdog Moneyval has upgraded the Vatican’s status. Read more

Cardinal George Pell, prefect emeritus of the Secretariat of the Economy, speaks with EWTN News in Rome, Dec. 9, 2020. Credit: Daniel Ibáñez/CNA.

Cardinal Pell highlights 'somewhat incomplete' account given by Cardinal Becciu at Vatican finance trial

May 6, 2022

By Carl Bunderson

Cardinal George Pell said Friday that the recent testimony of Cardinal Angelo Becciu at the Vatican finance trial “was somewhat... Read more

A hearing in the Vatican finance trial is held on Nov. 17, 2021.

Cardinal Becciu questioned on investments as his former deputy seeks damages

May 5, 2022

By Hannah Brockhaus

Cardinal Becciu read out a 50-page declaration asserting his innocence at a Vatican finance trial hearing. Read more

Tommaso Di Ruzza, director of the AIF, speaks at a briefing on the authority's annual report, alongside Alessandro Gisotti and Rene Bruelhart, May 21, 2019.

Ex-director says Pope Francis wanted Vatican financial watchdog to help close London deal

Apr 28, 2022

By Hannah Brockhaus

Tommaso Di Ruzza was questioned during an April 27 hearing in the ongoing Vatican finance trial. Read more

A hearing in the Vatican finance trial on Nov. 17, 2021.

Cardinal Becciu not bound by pontifical secret in Vatican finance trial, judge rules

Mar 30, 2022

By Hannah Brockhaus

The judge said Pope Francis had dispensed Becciu from the obligation of the pontifical secret. Read more

Cardinal Angelo Becciu.

‘I am not afraid’ of the truth, says Cardinal Becciu in testimony at Vatican finance trial

Mar 17, 2022

By Hannah Brockhaus

Taking the stand, the cardinal said: ‘I am here with my head held high.’ Read more

Cardinal Angelo Becciu.

Vatican finance trial to continue with Cardinal Becciu first to testify

Mar 1, 2022

By Hannah Brockhaus

Cardinal Becciu said that ‘finally the hour to speak the truth has arrived.’ Read more