FORMER attorney general Peter Sutherland was called in to advise the Vatican on how to reform its financial affairs, it has emerged.
Mr Sutherland, who is chairman of Goldman Sachs
International, addressed the Council of Cardinals – the most senior
advisors to the Pope – during the summer on how the Vatican should deal
with the financial scandals that were embracing St Peters.
Sutherland, who is believed to act as an unpaid sounding board for the
Vatican on financial matters, told the cardinals that the Holy See had
to change its ways and embrace openness, especially in its business
"Transparency is important and necessary," he is reported as
Mr Sutherland has long been one of the most influential Irish people on the planet when it comes to business and politics.
67-year-old was attorney general between 1981 and 1982, and again two
years later. Internationally he is probably best known as director of
the General Agreement on Tariffs and Trade (GATT) and its successor
body, the World Trade Organisation (WTO), in the mid 1990s.
Vatican has been mired in scandal in recent years, with allegations of
corruption and misuse of funds dogging the Vatican Bank.
None of these
claims have been proven.