VATICAN CITY
Gazzetta del Sud
Rome, November 4 – The Administration of the Patrimony of the Holy See (APSA) held assets worth 998 million euros in 2013, including an investment portfolio worth over 475 million eurps, according to figures contained in a new book on the Vatican’s financial affairs to be published Thursday. Unlike the Institute for the Works of Religion (IOR) – commonly known as the Vatican Bank – APSA’s budget “is not part of the public domain”, L’Espresso news magazine journalist Emiliano Fittipaldi points out in his new book Avarice, one of two books at the centre of a new Vatican document-leaking scandal dubbed Vatileaks 2. Fittipaldi claims APSA acts like a credit institution and cites budget entries detailing loans to banks to the tune of 162.7 million euros, 24.5 million dollars, 8 million pounds, 4.5 million Swiss francs and 29.2 million yen.
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