Abuse compensation claims unlikely to bankrupt Church

COMPENSATION claims made by abuse victims are unlikely to bankrupt the property-rich institution.

Abuse compensation claims unlikely to bankrupt Church

Although the Church remains silent as to its property worth and an audit carried out by the Department of Education remains under wraps, property experts put the value of the Church’s Irish property portfolio in billions.

According to a review in the Irish Property magazine, the combined property of the Catholic Church’s constituent orders and trusts came to some €3.8 billion four years ago.

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