Results from Tag: 'ed condon'
Several dioceses in the United States have declared bankruptcy in the last year, several doing so after states passed laws opening a window in the statue of limitations for historical instances of sexual abuse.
Bishop Baldacchino is the first U.S. bishop known to have amended a previously declared diocesan ban on public Masses since the coronavirus pandemic took hold of the U.S. last month.
At issue is a 2013 investment plan involving the purchase of a property in Hungary – the Budapest Exchange Palace – for development and resale.
On March 11, the Victoria state prosecutors who put Cardinal Pell behind bars more than a year ago took their turn before the High Court to defend their case.
Italian newspaper Corriere della Serra reported that the Centurion Global Fund has raised around 70 million euro in cash, and that the Holy See’s Secretariat of State is the source of at least two-thirds of the fund’s assets.
The $25 million grant request was widely understood to be an effort to remove the bad debt from APSA’s ledger before it drew attention, after it became obvious that the debt-ridden and insolvent hospital could not repay its loan to the Vatican central bank.
It was not announced when Bishop Nicholas DiMarzio would begin his apostolic investigation of the diocese and beleaguered Bishop Richard Malone.