New rules governing the
Vatican's economic bodies have reined in vast economic powers
that Pope Francis had granted to Vatican Economy Secretary
George Pell last July, Vatican sources told ANSA Friday.
The pontiff had conferred management of the Holy See's
assets - the Ordinary Section of Administration of the Patrimony
of the Apostolic See (APSA) - to the Secretariat of the Economy
through the papal motu proprio.
The move placed the assets, including the Vatican's massive
real estate portfolio, under the wing of the Australian
cardinal.
The final version of the statute is missing that provision,
however, and defers jurisdiction over the patrimony to the
preceding law, which grants it to APSA.
The motu proprio had aroused discontent since July, with
critics complaining that too much power had been given to Pell
and gave rise to disputes during February's consistory.
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