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Pope moderates powers of Vatican department.

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Vatican City

Pope Francis has blunted the powers of the Vatican department involved in a controversial London property deal and ordered all ties cut with a suspect investment fund, his spokesman said on Thursday.

The pope has ordered that the funds of the Secretariat of State, the nerve centre of the bureaucracy of the 1.3 billion-member Church, be controlled by another department, allowing three months for the changes to take place.

The bishop of Rome created a commission on Wednesday to oversee the changes, Vatican spokesman Matteo Bruni said, following a vast financial scandal which has already cost one high-ranking Catholic cardinal his post.

The order was made in a letter to the secretariat in August which was published in a rare move on Thursday

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