Vatican bank brings court action in Malta for lost investment funds
October 10, 2017
» Continue to this story on Reuters
CWN Editor's Note: The Vatican bank, the Institute for Religious Works (IOR), has brought suit in a Malta court against “various third parties deemed liable” for the loss of invested funds. A Reuters report, citing a Vatican source, said that the IOR had lost about €17 million ($20 million) in schemes administered by the unnamed parties in Malta.
The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.
For all current news, visit our News home page.
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a current donor, log in to see the comment form; otherwise please support our work, and Sound Off!