Cardinal George Pell finds hundreds of millions of euros ‘tucked away’ in Vatican accounts

One has to wonder how millions of hidden Euros can just appear out of thin air and pretend it’s a surprise as if the lottery was won, then watch a story come out and spin the corrupted situation as if it’s some sort of blessing they just discovered.


The Vatican’s economy minister has said hundreds of millions of euros were found “tucked away” in accounts of various Holy See departments without having appeared in the city-state’s balance sheets.

In an article for Britain’s Catholic Herald Magazine to be published on Friday, Australian Cardinal George Pell wrote that the discovery meant overall Vatican finances were in better shape than previously believed.

“In fact, we have discovered that the situation is much healthier than it seemed, because some hundreds of millions of euros were tucked away in particular sectional accounts and did not appear on the balance sheet,” he wrote.

“It is important to point out that the Vatican is not broke … the Holy See is paying its way, while possessing substantial assets and investments,” Pell said, according to an advance text made available on Thursday.

Pell did not suggest any wrongdoing but said Vatican departments had long had “an almost free hand” with their finances and followed “long-established patterns” in managing their affairs.

Pell is an outsider from the English-speaking world transferred by Pope Francis from Sydney to Rome to oversee the Vatican’s often muddled finances after decades of control by Italians.

Full article: Cardinal George Pell finds hundreds of millions of euros ‘tucked away’ in Vatican accounts (The Age)

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