New revelations at the Vatican indicate that the much heralded financial reforms hailed by the Pontiff a few years ago are no longer in effect.
An Oxford educated Cardinal Pell was appointed to oversee reforms to bring the Vatican ‘ s accounting standards up to date.
Here is an excerpt from the Wall Steet Journal describing the situation :
‘ By FRANCIS X. ROCCA
Sept. 7, 2016
VATICAN CITY—Late last year, Cardinal George Pell, the pope’s finance chief, hired PricewaterhouseCoopers to undertake a comprehensive audit of the Vatican’s finances.
On a mandate from Pope Francis to clarify the city-state’s muddled accounts, the newly powerful cardinal had been assessing and tweaking the system; already he had found a total of €1.4 billion “tucked away” off the books.
Cardinal Pell wanted PwC to check that the 136 Vatican departments—each of which used its own, often loose accounting standards—were following guidelines aimed at imposing budgetary discipline.
His task was like pushing against the ancient stone walls of a basilica.
Other officials, led by Cardinal Pietro Parolin, the Secretary of State, known as the pope’s prime minister, let him know the audit wouldn’t fly. In June, the Vatican announced it had been scrapped, and soon many of Cardinal Pell’s wide-ranging powers were handed to others.’
Is it any wonder a cynicism stalks much of the planet when the largest Christian organization behaves in this way .
The same old adage is still operative : Do as I say , not as I do.