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
Son of barrister hired by Lord Janner told ITV News his father once believed peer would have to face charges over child abuse allegations.
Low pressure brings cooler, showery conditions over the next week
100-year-old tourist mugged by stranger after he fell getting off a bus as he returned to Gloucester where he used to live.