CNA Staff, Nov 2, 2020 / 01:00 pm (CNA).- A Vatican bishop said Saturday that the Holy See did not use money from Peter’s Pence or the pope’s discretionary fund to cover its losses on a controversial London property.

Bishop Nunzio Galantino, president of the Administration of the Patrimony of the Holy See (APSA), said Oct. 31 that the sum came instead from the Secretariat of State’s reserves.

Galantino told Avvenire, a newspaper owned by the Italian bishops’ conference, that “independent estimates” put the losses at 66-150 million pounds ($85-194 million).

Praise the Lord

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