In July 1992 the Financial Times broke the news that the Church's property investment strategy had led to a devaluation of assets in the region of u500m. Eventually the church began an investigation which revealed that the actual figure was nearer u800m, nearly a third of the assets. This book documents the causes that led to this financial disaster and the extraordinary appointments authorized by the Archbishop of Canterbury to investigate the Commissioner's activities."
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In July 1992 the Financial Times broke the news that the Church's property investment strategy had led to a devaluation of assets in the region of u500m. Eventually the church began an investigation which revealed that the actual figure was nearer u800m, nearly a third of the assets. This book documents the causes that led to this financial disaster and the extraordinary appointments authorized by the Archbishop of Canterbury to investigate the Commissioner's activities."
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