Cardinal Parolin takes responsibility for troubled Italian hospital loan
November 20, 2019
CWN Editor's Note: Cardinal Pietro Parolin, the Vatican Secretary of State, has taken responsibility for arranging an ill-fated loan to a troubled Italian hospital, and then seeking funds from the Papal Foundation to cover the loss. The loan, apparently made in violation of the Vatican’s own financial regulations, has become the focus of critical scrutiny. Cardinal Parolin said that he was assuming responsibility “in order to put an end to a controversy” that he characterized as a distraction from the proper work of the Holy See.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!