Pope Benedict Approves German to Head Troubled Vatican Bank

February 21, 2013  •  From theTrumpet.com

The Vatican was drawn into a new controversy over its bank on Friday. It has appointed a new president over the secretive institution, a man who is also chairman of a company that makes German warships.

Ernst von Freyberg was appointed by a commission of cardinals. He was given “full consent” by Pope Benedict xvi.

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