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Nazi gold, organised crime: New pope faces unholy financial crisis

Nazi gold, organised crime: New pope faces unholy financial crisis

The late pontiff sought to battle corruption, but his successor faces a steep challenge in balancing the books.

Along with the spiritual leadership of the world’s 1.3 billion Catholics, the late Pope Francis wrestled with a more temporal task: overseeing the complex and opaque finances of the world’s smallest country.

Francis shocked many within the Holy See’s financial institutions with his high-profile anti-corruption drive, which included a 2019 Vatican police raid on the city-state’s own bureaucracy over a questionable property deal.

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Original URL: https://www.afr.com/world/europe/nazi-gold-organised-crime-new-pope-faces-unholy-financial-crisis-20250501-p5lvvd