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The worldwide leader of the Franciscans has revealed that the religious order is in “grave” financial difficulties, and that Italian civil officials have been asked to investigate irregularities in the conduct of the order’s financial affairs.
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ROME – The main Franciscan religious order in the Roman Catholic Church is in a financial crisis because of alleged wrongdoing from within and outside its ranks. The head of the Order of Friars Minor said in a statement from Rome.
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The Franciscan Order founded by Saint Francis of Assisi, who advocated a life of poverty, is in deep financial trouble following the discovery of massive fraud and is appealing for help. Italy’s Panorama magazine said the 800-year-old.
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The Franciscans is facing a “grave situation” following an internal investigation into the state of its financial affairs. In a letter to the order, first reported by Rorate Caeli , Brother Michael A Perry, Minister General of the Order of Friars.
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A branch of the Franciscan religious order that runs churches and convents in 110 countries says fraud by some of its monks has plunged it into grave financial difficulty. The Italian news magazine Panorama reported in its latest edition.
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