Vatican City, Jan 12, 2021 / 11:57 am (CNA).- A letter by Cardinal Pietro Parolin leaked to an Italian news outlet shows that the Secretariat of State was aware, and approved at its highest ranks, of the disgraced purchase of a luxury real estate property in London now at the center of a Vatican investigation.
The Italian newspaper Domani published on Jan. 10 a “confidential and urgent” letter addressed by Cardinal Parolin, Vatican secretary of State, to Jean-Baptiste de Franssu, President of the Institute for Religious Works (IOR) also known as “the Vatican bank.”
In the letter, Cardinal Parolin asked the IOR to loan 150 million € (approximately $182.3 million) to the Vatican Secretariat of State. The Secretariat of State needed the money to pay off the loan contracted with Cheney Capital four months before. The Secretariat of State took the loan to buy out the shares of the real estate in London.