Money
Vatican investigation comes to historic conclusion
Following an official investigation that was approved by Pope Francis, the Vatican has charged 10 people with embezzlement, extortion and fraud
The president of the Vatican’s criminal tribunal handed down the indictments to the 10 individuals at the weekend.
One of the 10 that has been charged includes a high-ranking cardinal who was formerly tasked with naming saints.
This cardinal was specifically accused of embezzlement and abuse of office.
It follows reports last year that he wired $100,000 euros to his brother’s charity and urged Italian bishops to make a further $300,000 donation.
The Vatican has also announced that four companies, including one US-based firm, have also been charged with fraud and embezzlement.
It follows Pope Francis ordering a probe back in October last year, saying the investigation was aimed at “monitoring movements of money and of intervening in cases where irregular or even criminal activities are detected.”
The accused will now be brought before the Vatican’s criminal tribunal for prosecution and defence from July 27.