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Article: Texas sues Bishop Gracida; he sues back. (Corpus Christi Bishop Rene H. Gracida is accused of conflict of interest in the administration of a charitable fund)(includes related article about the origins of the fund)
- Article from:
- National Catholic Reporter
- Article date:
- May 24, 1996
- Author:
CopyrightCOPYRIGHT 1996 National Catholic Reporter. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Texas authorities have brought suit against Corpus Christi Bishop Rene H. Gracida -- who as president of a controversial, multimillionaire-dollar foundation, funneled more than $100 million to his diocese in 12 years -- charging that he "manipulated the grant process" and breached his fiduciary duty.
According to the suit, filed May 2 in Travis County by the Texas state attorney general's office, Gracida's involvement in the fund is laced with conflicts of interest and improprieties, including the diversion of funds from charity for the purchase of a for-profit television station. The suit again draws attention to one of the more controversial major U.S. foundations ...
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... ... heads as the retired bishop of Corpus Christi, Texas, offered the benediction ... Help them," Bishop Rene Gracida asked God, "to achieve the ... can differ." By the time Gracida rose to offer the benediction ... fourth century which, said Gracida, was overcome largely by ...
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