SPIRITED THINKING SINCE 1888
Lucas Hollweg
January 08, 2020
Law enforcement officials have conducted interviews with several senior figures at the Papal Foundation, a U.S. based charity which supports the charitable works of the Holy Father. Officers from the FBI have spoken to at least three foundation staff members over last several months, with enquiries focused on the role of Theodore McCarrick, who served
December 26, 2019
A group of local Catholics gathered outside Melbourne prison on Christmas Eve to sing carols for Cardinal George Pell, currently incarcerated in the facility, and to pray for him, as well as the other inmates and prison staff. At 8pm on December 24, about two dozen local Catholics gathered outside Melbourne Assessment Prison on the
December 18, 2019
Two investment funds used by Vatican dicasteries were also used by a major Italian bank to conceal illegal investments for which the bank was eventually closed. On Friday, Maltese media reported that the IOR, or Vatican Bank, is being sued in turn by Optimum for breach of contract; the firm claims the Vatican’s bank owes an
December 16, 2019
Senior police officials in the Australian state of Victoria discussed by email the way that their 2014 investigation into Cardinal George Pell could deflect public scrutiny from an emerging corruption scandal in the force. In a 2014 email exchange, then-Deputy Commissioner Graham Ashton and Charlie Morton, assistant director of media and corporate communications for the
December 11, 2019
The Italian businessman responsible for investing millions of Vatican funds owned a stake in an online options trading company fined in 2016 by the Securities and Exchange Commission for misleading investors. Raffaele Mincione, through whom the Vatican’s Secretariat of State has invested hundreds of millions of dollars in donations from the faithful, bought in 2015
November 20, 2019
Developers acting for the Vatican Secretariat of State offered to raze a London parish hall and rectory and replace it with low-cost housing, in order to try to push through a luxury apartment development. The luxury development project involves two recently suspended Vatican employees, and a nest of Vatican-controlled holding companies led by an architect
November 06, 2019
A 50 million euro loan request to secure the purchase of a bankrupt hospital was vetoed by Cardinal George Pell and financial authorities at the Institute for Works of Religion, commonly called the Vatican Bank, before it was approved by the Holy See’s central bank, APSA, where the loan breached international regulatory agreements. According to
October 31, 2019
Cardinal Angelo Becciu has denied any impropriety in a real estate investment made with Vatican funds and insisted that he only acted in the best interests of the Holy See. In an interview with Italian media published Tuesday, the former deputy at the Holy See’s Secretariat of State rejected any wrongdoing in the authorization of