Roman creditors at the moment of Ptolemy …
Years: 54BCE - 54BCE
Roman creditors at the moment of Ptolemy XII's restoration had demanded the return on their investments, but the Alexandrian treasury could not repay the king's debt.
Learning from previous mistakes, Ptolemy XII shifts popular resentment of tax increases from the king to a Roman, his main creditor Gaius Rabirius Postumus, whom he appoints Dioiketes (minister of finance); Rabirius is thus placed in charge of debt repayment.
Perhaps Aulus Gabinius had also put pressure on Ptolemy XII to appoint Rabirius, who now has direct access to the financial resources of Egypt but exploits the land too much.
The king has to imprison Rabirius to protect his life from the angry people, then arranges his escape to Rome, where, at the end of the year 54 BCE, he is accused under the Lex Julia de repetundis, a law of 59 BCE that restricts the number of 'gifts' that a Governor could receive during his term in a province, and also ensures that governors balanced their accounts before leaving a province.
Defended by Cicero, Rabirius is probably acquitted.
