Vatican financial overseer suspended by international watchdog (Wall Street Journal) An international financial-oversight agency has suspended the Vatican’s involvement. Affiliation with the Egmont Group had been cited as a key sign of progress in the Vatican’s financial reforms. But the Egmont Group last week informed the Vatican’s Financial Information Agency (AIF) that it would no longer share information with the Vatican’s financial officers—a sign of loss of confidence in Vatican accountability.
Prosecutor seeks arrest of Argentine bishop in Rome, fears flight from trial (El Tribuno (Spanish)) A prosecutor in Argentina is seeking the arrest of Bishop Gustavo Zanchetta, who is facing sex-abuse charges. The former Bishop of Oran was allowed to return to Rome in August, on the basis of Vatican assurance that he is employed there (although he is in fact suspended), to await his trial date. But the prosecutor says that the bishop has not responded to messages, and fears he may have fled.
Cardinal Parolin takes responsibility for troubled Italian hospital loan (CNA) Cardinal Pietro Parolin, the Vatican Secretary of State, has taken responsibility for arranging an ill-fated loan to a troubled Italian hospital, and then seeking funds from the Papal Foundation to cover the loss. The loan, apparently made in violation of the Vatican’s own financial regulations, has become the focus of critical scrutiny. Cardinal Parolin said that he was assuming responsibility “in order to put an end to a controversy” that he characterized as a distraction from the proper work of the Holy See.
Vatican-backed London development plan involved demolition of parish hall, rectory (CNA) A controversial London real-estate development backed by the Vatican would have razed the rectory and parish hall of a Catholic parish, the Catholic News Agency reports. In a thorough investigative report, Ed Condon of CNA discloses that the Westminster archdiocese denied knowledge of the Vatican’s involvement, but the local pastor confirmed that Vatican officials presented the plans to him.
USCCB, Knights of Columbus offer prayers, solidarity to Eastern Catholic patriarchs (USCCB) “Today, in Lebanon and Iraq, we are witnessing critical moments as protests grow against corruption and foreign interference,” said the chairman of the US bishops’ Committee on International Justice and Peace and the head of the Knights of Columbus said in a letter to five Eastern Catholic patriarchs. “We urge the Iraqi and Lebanese governments to engage in a meaningful dialogue with those demonstrating, and we stand with you in urging governments to remember that they exist to serve the common good of their people.”