How much wealth does the Philippine Catholic Church own? It’s a puzzle that not even the Church hierarchy has figured out with certainty. In this two-part investigative report, Rappler delves into the complex and oftentimes opaque world of Church finances in the Philippines.
Part one discusses the ins and outs of Church finance, how finances vary from diocese to diocese, and transparency in reporting assets and liabilities. The second part discusses how the Church has investments in various industries, where their money is locked up in stocks.
Quiapo Church image from WikiMedia Commons
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