11/28/2019

Vatican officials: Swiss bank suspected of money laundering led to Pell conflict

"The attempt to hide the loans off-books was detected by the Prefecture for the Economy, then led by Cardinal George Pell. Senior officials at the Prefecture for the Economy told CNA that when Pell began to demand details of the loans, especially those involving BSI, then-Archbishop Becciu called the cardinal in to the Secretariat of State for a “reprimand.”

“Becciu summoned the cardinal - summoned him,” one senior official told CNA. “Pell was supposed to be the ultimate authority in monitoring and authorizing all Vatican financial business, answerable only to Pope Francis, but Becciu shouted at him like he was an inferior.”

Becciu reportedly told Pell the cardinal was “interfering in sovereign business” by looking into the Secretariat’s dealings with BSI."