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 OZschwitz: Catholic Church's massive wealth revealed

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RR Phantom

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Location : Wabbit Hole
Job/hobbies : Cayman Islands Actuary

PostSubject: OZschwitz: Catholic Church's massive wealth revealed   Mon Feb 12, 2018 7:02 pm

The Catholic Church in Australia is worth tens of billions of dollars, making it one of the country’s biggest non-government property owners, and massively wealthier than it has claimed in evidence to major inquiries into child sexual abuse.



A six-month investigation by The Sydney Morning Herald has found that the church misled the Royal Commission into Institutional Responses to Child Sexual Abuse by grossly undervaluing its property treasures in both NSW and Victoria while claiming that increased payments to abuse victims would require cuts to its social programs.

http://www.smh.com.au/national/catholic-church-s-massive-wealth-revealed-20180209-p4yzus.html
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