Crime and Court news / Religion

Franciscans hit by financial scandal

The Order of the Friars Minor, belonging to the Franciscan family, is at risk of bankruptcy under unclear circumstances.

The newly elected Minister General, Father Michael Perry, took note of the results of an internal investigation and hinted at the possibility of asking to the State Authorities to investigate further, implicating the existence of some irregularities.

In an open letter to all the members of the Order, Father Perry explicitly states that “apparently there were some opaque financial operations made by friars tasked with the management of the goods of the Order”. The reference could be to Father Giacomo Lati, the former Treasurer General and Legal Representative of the Order, who recently resigned “for health reasons”.


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