For the love of money is the root of all evil: 1 Timothy 6:10
"After Cdl. Donald Wuerl spearheaded a $25 million grant to the Vatican earlier this year through the Papal Foundation, sources confirm the money remains unaccounted for, the Rome hospital designated as beneficiary apparently never having received the
grant.
Sources also confirm Wuerl was behind the pope's cancellation of a meeting with foundation members in March, and continues to pull the strings behind the scenes.
Controversy engulfed the Papal Foundation, a charity partially founded by Abp. Theodore McCarrick in 1988 with assets worth $206 million, when three stewards resigned from the Audit Committee earlier this year after Wuerl pushed for the Vatican to receive $25 million — the largest single grant ever given by the foundation.
The money was ostensibly to be used toward the Istituto Dermopatico Dell'Immacolata (IDI), a scandal-ridden hospital in Rome investigated by Italian authorities for embezzlement and tax fraud of nearly a billion euros.
Pope Francis had allegedly requested the $25 million in summer of 2017, and Wuerl, then-chairman of the foundation, lobbied members of the Board of Trustees to vote to approve the grant originally a loan, but revised to an outright grant on Wuerl's insistence." CM
"After Cdl. Donald Wuerl spearheaded a $25 million grant to the Vatican earlier this year through the Papal Foundation, sources confirm the money remains unaccounted for, the Rome hospital designated as beneficiary apparently never having received the
Sources also confirm Wuerl was behind the pope's cancellation of a meeting with foundation members in March, and continues to pull the strings behind the scenes.
Controversy engulfed the Papal Foundation, a charity partially founded by Abp. Theodore McCarrick in 1988 with assets worth $206 million, when three stewards resigned from the Audit Committee earlier this year after Wuerl pushed for the Vatican to receive $25 million — the largest single grant ever given by the foundation.
The money was ostensibly to be used toward the Istituto Dermopatico Dell'Immacolata (IDI), a scandal-ridden hospital in Rome investigated by Italian authorities for embezzlement and tax fraud of nearly a billion euros.
Pope Francis had allegedly requested the $25 million in summer of 2017, and Wuerl, then-chairman of the foundation, lobbied members of the Board of Trustees to vote to approve the grant originally a loan, but revised to an outright grant on Wuerl's insistence." CM