Martedì, 23 Ottobre 2018
VATICAN CITY

Pope scraps allowance for Vatican Bank cardinals

English
© ANSA

Vatican City, April 19 - Pope Francis made another
break with tradition on Friday by cancelling the allowance
normally paid to members of the oversight commission of
cardinals of the controversial Vatican Bank, sources told ANSA.
Consequently the five cardinals in question will go without
the stipend of 25,000 euros a year in keeping with the new
Argentinian pontiff's determination to pastor "a poor Church for
the poor".
The Vatican Bank, officially known as the Institute for
Works of Religion (IOR), has come under scrutiny for alleged
money laundering and is now working with the Council of Europe's
Moneyval agency to bring it in line with international
standards.
A progress report is expected in December.
Pope Francis was elected by a conclave of cardinals to
replace Benedict XVI on March 13 after the latter abdicated in
February due to diminishing physical and mental strength.
Sources said Thursday the pope was scrapping customary "new
pope" bonuses for Vatican staff.

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