
Vatican Secretary of State Knew of Investment Now Under Investigation
In the letter, Cardinal Parolin asked the IOR to loan 150 million euros to the Vatican Secretariat of State.
In the letter, Cardinal Parolin asked the IOR to loan 150 million euros to the Vatican Secretariat of State.
Bishop Nunzio Galantino, president of the Administration of the Patrimony of the Apostolic See (APSA), said Nov. 19 that statutes for a new “Investment Committee” were waiting to be approved.
Crasso, who worked with the Vatican starting in 1993, was named in reports last month alleging that Cardinal Angelo Becciu used millions of euros of Vatican charity funds in speculative and risky investments.
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