In the coming week the bank's yearly report will be published. In connection with this publication his resignation will be expected. Ernst von Freyberg, since 26 February 2013, has been President of the Oversight Committee of Vatican Bank, is resolved to return with his family to Germany.
The Vatican Bank has been increasingly in the midst of actual scandals, and more and more alleged scandals and above all by sensational novel writers.
A few months previously, Pope Francis has revised the entire business, finance and administrative areas of the Vatican. The reform has not been completely enacted. Three months ago Cardinal Pell was appointed to the newly created Economic Secretariat. In this "super ministry" of the Holy See all of the financial and economic aspects are included.
Ernst von Freyberg was names by Pope Benedict XVI. in the last days of his Pontificate on February 15th and thus aroused wild speculation upon his resignation a few days later. In the second half of the year 2013, he was also in a leadership role as the IOR General Secretariat. His predecessor, Ettore Gotti-Tedeschi, was named by Pope Benedict XVI. as president of the oversight board. In May 2013 Gotti-Tedeschi resigned after a vote of no confidence by the IOR committe. The Italian State Attorney General was against him. The investigation proved to be groundless and was suspended. Gotti-Tedeschi spoke of an "intrigue" which was supposed to have brought about his fall.
A speaker for the Vatican Bank rejected any speculation about the resignation. Ernst von Freyberg , did not announce any future plans it said. It was said that Freyberg is supposed to have fulfilled his central mission, above all the establishment of transparency requirements and zero tolerance for money laundering and tax evasion.
Text: Giuseppe Nardi