IDI foundation president gives new detail on Vatican loans for hospital purchase

Vatican City, Nov 29, 2019 / 03:40 pm (CNA).- The president of a foundation at the center of a Vatican financial scandal provided new details Thursday on the Vatican central bank loans that funded the purchase of a bankrupt hospital. He also claimed that controversial grants made by the U.S. based Papal Foundation were used to support the hospital's expenses, not to repay its debts.