"The leader of the main group of the world's Franciscans has written members of his order around the world informing them that their financial stability is at "grave risk" because of "questionable financial activities" undertaken by staffers of the order's Roman administrative offices.
Because of the questionable activities the order's general treasurer has resigned and ecclesiastical and civil authorities have been called upon for help, writes Franciscan Fr. Michael Perry, the minister general of the order.
"The General Curia finds itself in grave, and I underscore ‘grave’ financial difficulty, with a significant burden of debt," Perry, head of the Order of Friars Minor writes in a posting on the order's website.
"The systems of financial oversight and control for the management of the patrimony of the Order were either too weak or were compromised, thus limiting their effectiveness to guarantee responsible, transparent management," he continues.
"There appears to have taken place a number of questionable financial activities that were conducted by friars entrusted with the care of the patrimony of the Order without the full knowledge or consent of the former and current General Definitorium," states Perry, using the name the order uses for its governing council."
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