Maltese firm, sued by Vatican bank, files counter-claim
November 08, 2017
CWN Editor's Note: An investment company in Malta, sued by the Vatican bank for alleged misuse of funds, has filed a counter-suit, charging that the Vatican bank, the Institute for Religious Works (IOR), suffered losses because of its own failure to adhere to the terms of an agreement. The suit by Futura Funds charges that the firm suffered damages because it was “caught between two factions in the IOR.”The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!