Archdiocese sitting on $1.7B

Published 10:12 am Wednesday, May 25, 2016

ST. PAUL — Attorneys on Tuesday accused a Minnesota archdiocese of sheltering more than $1 billion in assets to avoid big payouts to abuse survivors as part of the church’s bankruptcy case.

They say the Archdiocese of St. Paul and Minneapolis has some $1.7 billion in assets — far more than the $49 million it lists in a filing this week.

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