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Vatican will lose $115 million in London real-estate debacle
November 08, 2021
» Continue to this story on Financial Times
CWN Editor's Note: The Vatican stands to lose €100 million—$115 million—in the pending sale of a London property that has been the main focus of a financial scandal. The sale of the property, now being negotiated, is expected to bring in €200 million; the Vatican invested €350 million in the property. Questions about the transaction led to a series of criminal charges, and prompted the historic Vatican trial that is now underway.
The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.
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