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Vatican officials tapped suspect Swiss bank for controversial loan

November 22, 2019

» Continue to this story on CNA

CWN Editor's Note: A controversial loan, made by Vatican officials to finance a London real-estate deal, was arranged through a Swiss bank with a reputation for money-laundering violations, reports Ed Condon of CNA in the latest of a series of investigative reports. Cardinal Pell, in his capacity as head of the Secretariat for the Economy, questioned the unauthorized loan, but the Secretariat of State gave him a “reprimand” when he sought details, officials told CNA.

The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.


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