Person

Ernst von Freyberg

President of the Institute for the Works of Religion during the 2013-14 account review.

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Von Freyberg was president of the Institute for the Works of Religion when it checked and closed accounts in 2013 and 2014; see Reform of Vatican finances since 2010.

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  1. IOR President Freyberg: Phase One of reform concluded, Vatican Radio, 8 Jul 2014. Scholarship & press
    the outgoing President of The Institute for Religious Works, Ernst Von Freyberg
    closed the accounts of three thousand customers
    with a team of thirty to check every single account for twelve months. Now after more than sixteen thousand accounts checked so diligently
    We closed three thousand accounts since I became President, two thousand six hundred were so called dormant accounts.
    Then we closed 400 accounts of lay people, those were perfectly fine accounts
    IOR has been associated with a number of scandals, we wanted to know the facts about them.
    nearly every rumor surrounding IOR was not true
  2. Vatican Bank profits tumble after accounts clean up (Telegraph excerpt), The Telegraph (excerpt on BishopAccountability.org), 8 Jul 2014. Scholarship & press
    has blocked the accounts of more than 2,000 individual and institutional clients and ended around 3,000 “customer relationships”
    The closing of the accounts led to an outflow of funds amounting to €44m
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