A 50 million euro loan request to secure the purchase of a bankrupt hospital was vetoed by Cardinal George Pell and financial authorities at the Institute for Works of Religion, commonly called the Vatican Bank, before it was approved by the Holy See’s central bank, APSA, where the loan breached international regulatory agreements [1].
Cdl. Pell objected to shady deal
Ed Condon, Catholic News AgencyWednesday, November 6, 2019
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