Deseret News questioned Sunday's episode which featured allegations $100 billion was stockpiled rather than spent on charity.
questioned the legal merits of his allegations and suggested investigative programs might instead focus on the church's $1 billion humanitarian relief.
"Yet in a program taking up such a serious allegation, it was striking that the wide range of ways these funds are perpetually used by the church to fulfill its mission was never really explored at much length—nor were the legal merits of the whistleblower's claims examined with much scrutiny." In February, the church agreed to pay $1 million and Ensign Peak $4 million under a settlement with the U.S. Securities and Exchange Commission, according to Axios.
The SEC accused church leaders of approving shell companies to file legally required public disclosures of investments to avoid a single filing showing its full holdings."The Church believes in being financially responsible by carefully ensuring it has adequate resources available to fulfill its divinely appointed responsibilities.
"It's unfortunate '60 Minutes' sought to elevate a story based on unfounded allegations by a former employee who has a different view on how the Church should manage its resources."
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