The Holy See said in a statement on Saturday the head of the Catholic Church's saint-making office is facing trial over a €350 million ($415 million) investment in a London real estate venture.
Once powerful Cardinal Angelo Becciu and nine others will be prosecuted under the Vatican's legal system.
Becciu was relieved of his duties within the Vatican administration in September when Pope Francis told him that he had been accused of siphoning off charity funds to help his siblings.
Now a Vatican criminal tribunal has indicted the 73-year-old Italian, along with four other Church officials and an Italian businessman on charges of extortion, abuse of office and fraud.
An Italian intelligence expert was also indicted on alleged embezzlement charges.
The suspects have denied wrongdoing.
The tribunal president, Judge Giuseppe Pignatone, set July 27 as the trial date, says Saturday's statement.
A 487-page indictment was issued after a two-year investigation into how one of the oldest departments in the Church administration, the Secretariat of State, managed its asset portfolio, much of which is funded by donations.
Vatican prosecutors accuse the main suspects of siphoning millions of euros from the Holy See in fees and other losses.
According to prosecutors, Becciu helped engineer the initial London investment when he was the chief of staff in the Secretariat.
Since emergence of the scandal last year, financial contributions to the Church have dropped sharply and prompted the Pope to strip the office of its ability to manage the money.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 02, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||335.5||336.2|
|Hong Kong Dollar||HKD||34.19||34.54|
|New Zealand Dollar||NZD||173.25||175.25|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs207,100 on Thursday. The price of 10 grams of 24k gold was recorded at Rs175,670.
Likewise, 10 grams of 22k gold were being traded for Rs164,500 while a single tola of 22-karat gold was being sold at Rs 179,100.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 207,100||PKR 2,420|
|Karachi||PKR 207,100||PKR 2,420|
|Islamabad||PKR 207,100||PKR 2,420|
|Peshawar||PKR 207,100||PKR 2,420|
|Quetta||PKR 207,100||PKR 2,420|
|Sialkot||PKR 207,100||PKR 2,420|
|Attock||PKR 207,100||PKR 2,420|
|Gujranwala||PKR 207,100||PKR 2,420|
|Jehlum||PKR 207,100||PKR 2,420|
|Multan||PKR 207,100||PKR 2,420|
|Bahawalpur||PKR 207,100||PKR 2,420|
|Gujrat||PKR 207,100||PKR 2,420|
|Nawabshah||PKR 207,100||PKR 2,420|
|Chakwal||PKR 207,100||PKR 2,420|
|Hyderabad||PKR 207,100||PKR 2,420|
|Nowshehra||PKR 207,100||PKR 2,420|
|Sargodha||PKR 207,100||PKR 2,420|
|Faisalabad||PKR 207,100||PKR 2,420|
|Mirpur||PKR 207,100||PKR 2,420|