Catholic World News

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.
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