Pope sets up Vatican finances probe

Pope Francis has created another commission of inquiry into the Vatican’s finances.

He has named an eight-member committee to recommend ways to fix the Holy See’s economic and administrative shortcomings.

The Vatican said the commission’s aims were to “simplify and rationalise” the Holy See administration.

The commission, made up of seven lay people and a monsignor, will recommend reforms to avoid wasting money, improve transparency, better administer the Vatican’s vast real estate holdings and ensure correct accounting principles.

It is the third such commission Francis has created since being named pope.

In April he named eight cardinals to help him govern and study an overall reform of the Vatican bureaucracy.

The second commission is investigating the scandal-plagued Vatican bank, whose top two managers resigned amid a widening money-laundering probe by Italian magistrates.

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About The Voice Of Bombay's Catholic Laity

Bombay Laity Ezekiel’s Chapter 3 Task as Watchman 17 “Son of man, I have made you a watchman for the people of Israel; so hear the word I speak and give them warning from me. 18 When I say to a wicked person, ‘You will surely die,’ and you do not warn them or speak out to dissuade them from their evil ways in order to save their life, that wicked person will die for[b] their sin, and I will hold you accountable for their blood. 19 But if you do warn the wicked person and they do not turn from their wickedness or from their evil ways, they will die for their sin; but you will have saved yourself.
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