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Vatican officials used tangled web of transactions to fund bankrupt Italian hospital…

Using costly methods that appear deceptive, Vatican officials diverted 50 million euros belonging to the Bambino Gesù children’s hospital in Rome to guarantee a loan for the same amount to a bankrupt Italian dermatology hospital in 2014, despite warnings from the cardinal appointed to oversee financial transparency not to go ahead with the transaction…

Praise the Lord

Read the Whole Article at http://feeds.newadvent.org/bestoftheweb?format=xml