Click here to advertise on CatholicCulture.org

Canadian archdiocese probes $500,000 in missing funds

Catholic World News - January 25, 2011

The Archdiocese of St. John’s, Newfoundland, is investigating the reported misappropriation of $500,000 from archdiocesan pension funds.

The archdiocese has asked local police to investigate the missing funds, after finding “significant discrepancies” in financial accounts. Archbishop Martin Currie reports that a preliminary investigation has indicated that an individual made illicit payments from pension funds to his own personal accounts. The archdiocese has indicated that it will aggressively seek the restoration of the missing funds.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our August expenses ($15,070 to go):
$35,000.00 $19,929.98
43% 57%
Sound Off! CatholicCulture.org supporters weigh in.

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!

There are no comments yet for this item.

Subscribe for free
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Weep for slaughtered Christians, not for dialogue with Islam 2 hours ago
An Appointment that Francis Should Withdraw August 28
A new approach to Vatican appointments? August 28
The rising, dangerous influence of 'transgender' ideology August 27
Does the EU flag evoke the patronage of the Virgin Mary? August 27

Top Catholic News

Most Important Stories of the Last 30 Days
‘A real via crucis’: Pope Francis, patriarch plead on behalf of Iraq’s Christians CWN - August 8
Hundreds of thousands of Iraqi Christians in flight as Islamic State advances CWN - August 8