Was Peter’s Pence used to finance investments like the now infamous London property deal?

Was Peter’s Pence used to finance investments like the now infamous London property deal?

admin July 13, 2022 0 Comments

CNA—The Vatican’s “trial of the century”, scheduled to continue in September, has so far offered plenty of drama and raised numerous unanswered questions. One of the most sensitive, not just for Catholics who have donated money to the Vatican, is this: Was Peter’s Pence used to finance investments like the now infamous London property deal?…

Heart-breaking exposé by WSJ: Vatican Uses Donations for the Poor to Plug Its Budget Deficit

Heart-breaking exposé by WSJ: Vatican Uses Donations for the Poor to Plug Its Budget Deficit

admin December 12, 2019 0 Comments

According to a Wall Street Journal exposé series by Francis X. Rocca, not only does the Vatican use donations for the poor to plug its budget deficit, but only 10% of donations to the Vatican’s Peter’s Pence collection go to charitable works. Although sources of information are not always named and generic resources such as…