Leaked Letter: Cardinal Parolin Praised London Deal

Secretary of State Pietro Parolin considered the Vatican's London property deal a “valid” and “protected” investment, reported with reference to a leaked March 4, 2019 letter.

Parolin asked the Vatican bank (IOR) for a €150 million loan. According to, Parolin’s involvement in the deal explains a “sudden cooling of the relationship” between him and Francis.

In July 2019, Gianfranco Mammì, IOR's director general, lodged a complaint against the deal. This caused a criminal investigation.

Picture: © Mazur, CC BY-NC-SA, #newsWycmsiruoy

Cuthbert Mayne
Crook. Judas. Sold the Chinese Catholics to buy the property in London. Got rid of Pell to pave the way.