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New IOR chief writes to clients

'We will restore IOR to its mission of Church service'

Redazione Ansa

(ANSA) - Vatican City, August 28 - The newly appointed chief of the Vatican Bank, Jean-Baptiste de Franssu, on Thursday sent a letter to clients asking for their "tireless and constant" collaboration.
    "Together we will work to return the institute to its true objective, which is to serve the Church in its evangelical and pastoral mission," wrote de Franssu, who was appointed in July in an effort to rid the bank, known as the Institute for Religious Works (IOR), of its reputation as a money-laundering establishment.
    The IOR has recently closed more than 3,000 suspect or inactive accounts and is moving into a second phase of a clean-up aimed at ending its years as a tax haven.
    Efficiency, integrity, security and observing the law will be the new watchwords at the bank, which is making changes in order to adapt to international standards, Franssu wrote.
   

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