Use and Abuse: The Exploitative Reality of Surrogacy and Egg Donation, by Molly SheahanNovember 6, 2019
Letter #60, 2019: Viganò: “He Is a Hero”, by Dr. Robert MoynihanNovember 6, 2019
By Ed Condon, Catholic News Agency, Nov. 5, 2019
Vatican City, Nov 5, 2019 / 11:12 am (CNA) – 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.
According to several Vatican officials, in late 2014 two cardinals requested that the IOR, the Vatican’s commercial bank, grant a 50 million euro loan to a for-profit partnership between the Holy See’s Secretariat of State and a religious order, which intended to purchase a bankrupt Italian hospital, then in government-administered bankruptcy.
Cardinal Angelo Becciu, then an archbishop, and Cardinal Giuseppe Versaldi were both involved in the plan, and requested the loan from the IOR, several Vatican officials told CNA. ….