Pope Francis has stripped the Holy See’s Secretariat of State from access to its own money flows and placed it under surveillance.
Francis announced this on Thursday in a statement and a papal letter. The Secretariat of State is the most important administrative body within the Roman Curia.
The Pope’s decision may be related to a recent financial scandal involving investing Church money invaluable real estate in London.
An investigation into the purchase of the building made several heads roll within the Vatican. Cardinal Angelo Becciu, who was involved in the real estate deal, stepped down in September.
He is accused of embezzlement and nepotism. The heads of the police and the Vatican’s financial authority, among others, also resigned.