Report discloses Vatican inadvertent investment in morning after pill
VATICAN CITY - Speaking on Raitre’s ‘Report’, the Holy See’s former Auditor General, Libero Milone, said “for over 20 years, up to 2016, the Vatican invested in an industry that produces the morning after pill,” reports Il Fatto Quotidiano.
He continued, “through APSA, the Administration of the Patrimony of the Apostolic See, the Secretary of State possessed shares to the value of 20 million euros in two pharmaceutical companies” producing the pill, opposing the Vatican’s social policies, despite the drug’s status as a contraceptive drug, rather than abortive.
APSA at that time was led by Cardinal Domenico Calcagno, who was very close to Benedict XVI’s Secretary of State, Tarcisio Bertone.
After Milone’s report, which was called by Pope Francis in 2015 to tidy up the Vatican’s account, the shares were immediately sold, according to Ferruccio Panicco, the Vatican’s deputy auditor from 2015-2017, also speaking on Raitre. He added, When you chase returns, sometimes you forget other things."