GUAM
KUAM
Updated: Jul 13, 2017
By Krystal Paco
It’s been at the center of controversy and divide amongst traditional Catholics and members of the Neocatechumenal Way. The Redemptoris Mater Seminary has been under fire for years, critics questioning the credibility of the seminary and the quality of the priests being formed there.
While it has yet to be formally appraised, KUAM files show the RMS is estimated to value up to $75 million and likely the Church’s most valuable asset.
Today, Church officials confirm the Yona property is the first on a list of properties that could be sold to pay out the multimillion dollar sex abuse lawsuits now plaguing the Church.
The Archdiocese of Agana presented an inventory of their properties today, mostly to depict what could be sold to pay for the 80-plus sex abuse lawsuits filed against the Church.
Unsurprisingly, the Redemptoris Mater Seminary at the top of the list of 41 potential properties listed as non-essential.
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