Justice

“ Though the pope avoided specifics, the reference almost certainly was to a recent contretemps involving a $220 million land deal in London (mostly financed by collections from Peter’s Pence) in which the Vatican’s Secretariat of State allegedly tried to skirt reporting requirements for a loan intended to buy up the remaining shares of the property. That’s an especially alarming development, given that the Secretariat of State also bears the lion’s share of responsibility for enforcing the Vatican’s own accountability and transparency measures.”

Will compulsion succeed where conversion has failed on Vatican financial reform?