Vatican cardinals linked to missing millions and financial scandal

Vatican cardinals linked to missing millions and financial scandal

. October 31, 2019 0 Comments

Vatican City, Oct 29, 2019-CNA– An Italian dermatology hospital and two senior cardinals are at the center of a burgeoning financial scandal involving a Vatican bank, the U.S.-based Papal Foundation, and millions of euros from misallocated government grants. The events concern the financial collapse of the Istituto Dermopatico dell’Immacolata (IDI), an Italian hospital.  According to…

Papal Foundation Shaken by Scandalous Request to Fund Ailing Italian Hospital

Papal Foundation Shaken by Scandalous Request to Fund Ailing Italian Hospital

admin March 26, 2018

PHILADELPHIA (CNA/EWTN News)—Controversy over a $25 million grant from The Papal Foundation to a Rome hospital at the request of Pope Francis has prompted the foundation to say some claims about the issue are inaccurate, but that it will review its mission and take corrective measures where necessary.   The Philadelphia-based foundation said March 22…