Saturday, June 02, 2012

After all, Commission of Cardinals will fire President of Vatican Bank

Ior: commissione cardinalizia fa decadere Gotti Tedeschi - Politica -
The functions of the presidency in the '' interim'' pass to Ronaldo Hermann Schmitz

The Supervisory Commission of Cardinals of the IOR has'' taken note'' of the decision of the 'board' of the Institute when they voted no confidence in the President Ettore Gotti Tedeschi and 'informed' Gotti Tedeschi in writing that the functions of Presidency will pass in the interim to Ronaldo Hermann Schmitz. The Rev. Federico Lombardi said.

Father Lombardi, No Division in the Commission of Cardinals - "The statements published by some newspapers on a division among the cardinals of the Supervisory Commission of the IOR are absolutely unfounded." said the Vatican's director of press, Father Federico Lombardi at a press briefing in Milan.

"There is no division within the Commission of Cardinals," said Father Lombardi. The Commission, presided over by Cardinal Tarcisio Bertone, "noted the decision of the 'board' and communicated in writing to Professor Gotti Tedeschi that the functions of the Bureau will go in the 'interim', as per statute, to the vice president Ronaldo Hermann Schmitz."

This, explained the Vatican spokesman, is equivalent to the "ratification" of no confidence passed unanimously by the 'lay board' . Father Lombardi also explained that the Commission has "made contact" with Gotti Tedeschi "as an act of courtesy" and "to end the relationship," including with regard to financial aspects, and with the hope "that this will restore a climate of fairness".

Cathcon- seems some very rapid telephone calls were made between Cardinals this morning to restore Curial unity.

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