The Vatican stands to lose 100 million pounds in charity donations with the sale of a London luxury building at the centre of a financial scandal, according to a report on Monday. The Financial Times reported, citing unnamed sources, that the Vatican was in the final stages of selling the Knightsbridge building to private equity group Bain Capital for approximately 200 million pounds (233 million euros, $270 million). That is approximately 100 million pounds less than the investment of about 350 million euros the Vatican made in the building beginning in 2014. The Vatican did not immediately reply to a request for comment. Pope Francis has vowed to bring more transparency to the Vatican's financial dealings in the wake of the opaque, money-losing investment dating from 2013 - which spurred an investigation and allegations of fraud. The scandal has been especially embarrassing since the invested funds came from Peter's Pence, money donated by churchgoers for the pope's charities. A once-powerful cardinal, Angelo Becciu - the former right-hand man to the pope - and nine other defendants are currently on trial at the Vatican for financial crimes related to the deal. Prosecutors...
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