The Pillar

Home
About
News
Pillar Posts
Analysis
Interviews
Explainers
On Leo's Desk
Data
Pillar Columns
Starting Seven
The Pillar Podcast
Sunday School
Look Closer
The Pillar TL;DR
News
—
Vatican finances

Vatican bank rebuts 'impossible' Russian money claims

The Institute for Works of Religion rejected claims it had ties to Russia made by an advisor to the Ukrainian president

The Pillar
Sep 11, 2023
∙ Paid

Vatican City’s commercial bank denied Saturday that it holds deposits and lends money to the Russian state. The charge was leveled by a senior advisor to Ukrainian president Volodymyr Zelensky, who accused the Vatican’s Bank of harboring Russian funds, despite international sanctions.

The Institute for Works of Religion “does not receive or invest Russia…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 The Pillar · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture