The Reason Why the Vatican’s Financies Do Not Work Is Francis
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- he cut the Secretary of State in two by imposing Cardinal Pell as a parallel financial strongman who had not enough experience in this field;
- he named the incompetent, gay-compromised Monsignor Mario Battista Ricca as the prelate of the Vatican Bank, an important role that should guarantee the link between the bank’s management and the board of cardinals;
- he personally named Francesca Chaouqui and Monsignor Lucio Ángel Vallejo Balda to important financial institutions;
- without respecting the necessary procedures he changed people like Mammì and Mattietti in the Vatican Bank’s management;
- he refused to listen to the auditor Milone when he wanted to explain to him what he had discovered;
- he refused to investigate the role of the Vatican Financial Information Authority although he received warnings;
- he personally asked the Italian banker Carlo Salvatori to retire from the bank’s board of directors because Salvatori had asked too many questions;
- he pushed Mary Ann Glendon to hand in her demission from the bank’s board of superintendence.
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