Catholic Culture Liturgical Living
Catholic Culture Liturgical Living
Catholic World News

Australian investigators: Vatican finance transfers ‘massively overestimated’

January 13, 2021

» Continue to this story on CNA

CWN Editor's Note: Government financial investigators in Australia have admitted that reports of massive financial transfers to Australia from the Vatican were “massively overestimated.” Late last year, a government agency had reported 47,000 transfers, totaling almost $1.8 billion, to unidentified accounts in Australia. The report triggered new concerns about another Vatican financial scandal. But now the agency reports only $7.4 million, in 362 transfers. The enormous discrepancy was due to a “coding error,” officials said.

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.


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 current donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.