Copyright; Catholic News Service, courtesy of Vatican Media

Vatican Responds to Ukrainian President’s Advisor: Russia Has No Investments in the Vatican

A clarifying statement underlines that “Firstly, the IOR does not accept as clients institutions or individuals who do not have a close relationship with the Holy See and the Catholic Church. Secondly, the IOR is a supervised financial intermediary, operating through international correspondent banks of the highest level and of impeccable reputation that are governed by international standards.”