GUAM
Pacific News Center

Written by Timothy Mchenry

The Archdiocese Finance Counsel held the first of several press conferences to discuss church finances in the wake of multiple clergy sex abuse lawsuits.

Guam – The Archdiocese of Agana has set up a fund created to help the victims of clergy sexual abuse. But, chairman of the newly-created archdiocese finance council said, the church is hurting financially, and has begun to liquidate assets to help recover from the multiple lawsuits facing the church.

“What I’d like to present to you today is the establishment of a fund to aid victims of child sexual abuse,” said Byrnes.

According to Byrnes, the fund has a current balance of 1 million dollars but is not limited in the amount it will generate. Modeled after a similar fund established by the Archdiocese of New York. So how does it work exactly?

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