Pope fires entire board of Vatican financial watchdog

Pope Francis talks during a meeting of the Renewal of the Holy Spirit organization at the Olympic...

Pope Francis talks during a meeting of the Renewal of the Holy Spirit organization at the Olympic stadium in Rome June 1, 2014. REUTERS/Giampiero Sposito

Philip Pullella, Reuters

, Last Updated: 12:27 AM ET

VATICAN CITY - Pope Francis sacked the five-man board of the Vatican's financial watchdog on Thursday - all Italians - in the latest move to break with an old guard associated with a murky past under his predecessor.

The Vatican said the pope named four experts from Switzerland, Singapore, the United States and Italy to replace them on the board of the Financial Information Authority (AIF), the Holy See's internal regulatory office. The new board includes a woman for the first time.

All five outgoing members were Italians who had been expected to serve five-year terms ending in 2016 and were laymen associated with the Vatican's discredited financial old guard.

 


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