Sisters who ran city Magdalene laundry with assets of more than a billion
Galway Bay fm newsroom - One of the religious orders refusing to contribute to the Magdalene compensation fund has total assets worth around 1.8 billion euro.
The Sisters of Mercy are the largest religious order in the country and have around 165 million euro in cash on their books.They also ran the laundry at Forster Street in the city.The Sisters of Mercy are one of four groups of Catholic nuns who say they will not put any money into the redress scheme but will help the survivors in other ways instead.