Rome Newsroom, Jan 15, 2021 / 01:00 pm (CNA).- The Vatican court is due to hold a sentence hearing next week in a criminal trial against the former president of the Institute for Religious Works.

Angelo Caloia, the 81-year-old ex-president of the institute commonly known as the “Vatican bank,” has been on trial for two years for money laundering and self-laundering, and embezzlement.

The HuffPost reported last month that the Vatican’s Promoter of Justice, Alessandro Diddi, is seeking an eight-year jail term for Caloia, the first time the Vatican has sought a prison sentence for financial crimes.

Praise the Lord

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