The Holy See: Pope Francis greets military after announcement on financial scandal
Pope Francis met Air Force officers at the end of the weekly general audience at St. Peter’s Square in the Vatican.
It followed an announcement that Bank of Italy executive Carmelo Barbagallo is to take over the Vatican’s financial intelligence unit following a scandal that resulted in the Vatican being suspended from an international anti-money laundering network.
Barbagello has been head of the Italian central bank’s vigilance unit since 2014. He replaces Rene Bruelhart, who was removed following an October 1 raid on the AIF headquarters as part of a corruption investigation.