Action Alert!
Catholic Culture Dedication
Catholic Culture Dedication
Catholic World News

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.

 


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.