A statement released by the Church of England said it was "pleased to announce" its indirect investment exposure to Wonga in its venture capital portfolio has been removed.
The Church Commissioners for England are pleased to announce that their indirect investment exposure to Wonga in their venture capital portfolio has been removed. The Church Commissioners no longer have any financial or any other interest in Wonga.
The terms ensure that the Church Commissioners have not made any profit from their investment exposure to Wonga.
At no time have the Commissioners invested directly in Wonga or in other pay day lenders. The indirect exposure of the Commissioners through pooled funds represented considerably less than 0.01% of the value of Wonga.
More top news
Street preacher, Krissoni Henderson, told the woman she would "burn in hell" because of her clothing.
A video showing the moment a carriage on the Smiler rollercoaster at Alton Towers crashed into an empty car has been shown in court.
Twin brothers with a rare genetic condition have defied the odds after becoming the UK's first twin transplant patients.