12-
the
school is/convent, the Congregation itself should be responsible for the construction expenses and there is no reason that the school should repay money to the Congregation.
Anyway, the money collected from students is sufficient for repaying the interest free loan, unless the school repays the amount in excess every year. But evidence shows that the school has not acted this way. Thus, the school absolutely need not earn money by other mans to repay
the loan.
int
*
Then, the purpose of the school to earn money is plain enough. We have mentioned above that the schbolțin fact channels all the money it has made to the account of the order. As far as we know, the school
authorities, possess 3 accounts:
1) Account No. 60069 with the Banque Belge Pour L'Etranger is opened
in name of the school
a current account
2) Account No. 60064 with the same bank is/opened in name of the order.
3) Account No. CD), 13 with the samo bank is a Savings Account (fixed lepsito) opened in na of the ordert.
All money obtained from the school, including the miscellaneous fees,
money make profits made by the store, commission · and, profiteering, is channelled to account 60064 or C.D. 13. Expenditure paid fron account 60069 includes All oral expenditure of the scimol and items for which students have xi alseady paid fees
one persons of the Congregation disclosed that part of the money obtained through the above unreasmable channels might have been used personly by the Principil. This, of course, awaits investigation. at it is an undeniable fact that most of the moncy has gone to the account of the Precious Blood orderit.
1.
ki
- the, instances listed above are what we know and what we consider unreasonable. There might ore which we do not know and which need to be thoroughly probed into. We hope by submitting to you a list of Wie information we know, we can assist you in your investigations. le We hope your dept will inform us of the results of your investigations,
COIN MÊÁŠ DE CE and the measures you
are going to take as soon as possible.