Peruvian Archbishop Has Stock in Controversial Mining Company

PERU
Telesur

Peru is one of the places where the Opus Dei organization of the Catholic Church has a strong foothold but its main leader is under scrutiny.

Peruvian Cardinal Juan Luis Cipriani’s personal investments are tied with one of the country’s largest construction companies, a local investigation revealed on Monday. Journalist Laura Grados released a second article in her investigation series, published in the local Diario 16, on the leader of Opus Dei and prominent Catholic figure.

For decades, the cardinal has used his position in the Catholic Church to openly criticize social movements and protests against extractive industries in the country. Under his leadership the Archdiocese of Lima became an investor in the stocks of one of the most controversial mining companies, Yanacocha, which sparked the mobilization of large-scale environmental social movement in the country.

“Does (the Church) pay taxes with those for-profit investments? Because on the (fax identification form) the archdiocese appears as a religious association,” Grados said after publishing her investigation, which featured documents highlighting the Church’s for-profit activities.

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