Catholic or­der ad­mits off­shore hold­ings in tax havens

The Telegram (St. John’s) - - BUSINESS -

VAT­I­CAN CITY - The scan­dal­marred Le­gion of Christ Ro­man Catholic re­li­gious or­der has ad­mit­ted it had off­shore com­pa­nies in Caribbean tax havens, but says none was used for il­le­gal ac­tiv­i­ties.

In a state­ment Tues­day, the Le­gion sought to blame its off­shore cor­po­rate strat­egy squarely on the late Rev. Mar­cial Ma­ciel, the or­der’s Mex­i­can founder who sex­u­ally abused his sem­i­nar­i­ans and fa­thered three chil­dren, all while cul­ti­vat­ing a cult of per­son­al­ity around him­self that ex­tended to the high­est ech­e­lons of the Vat­i­can. The Le­gion said it closed and liq­ui­dated all off­shore cor­po­ra­tions, and cur­rently doesn’t have any money de­posited off­shore, after the Vat­i­can took over the Le­gion once Ma­ciel’s dou­ble life was ex­posed. He died in 2008.

The Le­gion’s multi-mil­lion dol­lar hold­ings, long the source of spec­u­la­tion, were re­vealed in the Par­adise Papers leak.

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