Anonymous ID: 38df3b Nov. 27, 2019, 12:42 p.m. No.7384794   🗄️.is đź”—kun   >>4952 >>5004

Pope names new financial regulator chief following police raid

 

https://www.reuters.com/article/us-vatican-raid-regulator/pope-names-new-financial-regulator-chief-following-police-raid-idUSKBN1Y11FK

 

VATICAN CITY (Reuters) - Pope Francis named a respected senior Bank of Italy official on Wednesday to head the Vatican’s financial regulator, following unprecedented police raids on the organization as part of an investigation into the purchase of luxury London real estate.

Pope Francis leads the weekly general audience at the Vatican, November 27, 2019.

 

Carmelo Barbagallo, 63, former head of supervision at Italy’s central bank, succeeds Swiss lawyer Rene Bruelhart as head of the Vatican’s Financial Information Authority (AIF).

 

Bruelhart left last week after five years in the post when the pope did not renew his mandate.

 

Vatican police entered the offices of the AIF and of the Secretariat of State - the administrative heart of the Catholic Church - on Oct. 1, as part of their investigation of an investment the Secretariat had made in London real estate.

 

The officers, operating under a search warrant secured by the Vatican’s own prosecutor, seized documents, computers and cellphones during the raids.