The financial scandal

Pope Francis worked on fighting the Vatican financial scandals by focusing on transparency and accountability.

May 05, 2025

Pope Francis worked on fighting the Vatican financial scandals by focusing on transparency and accountability. His main campaigns include:

Vatican bank reform: Restructured Vatican Bank and created the Financial Intelligence Authority (AIF) to combat money laundering.

London real estate scandal: After a controversial real estate investment, the Pope initiated investigations, which led to arrests and reforms.

Secretariat of state mismanagement: Increased supervision and audits to ensure that the funds were used for charitable purposes.

2021 financial attempt: An attempt began in which the Vatican officials were charged with embezzlement, with the Pope emphasized the accountability.