Vatican appoints president of foundation overseeing scandal-ridden Italian hospital (CNA)

The Holy See announced the appointment on November 12. “After years of systematic theft and fraud by hospital administrators, leaving it with 800 million euros in debt, the [Istituto Dermopatico dell’Immacolata] was declared bankrupt in 2012,” according to the report. “In 2015, the Vatican’s Secretariat of State stepped in, arranging to purchase the hospital out of state-administered bankruptcy through a for-profit partnership ... an arrangement which also ended in financial scandal.”