Vatican's Financial Auditor Speaks Out

Libero Milone was appointed by Pope Francis to be the Vatican's first ever auditor general in 2015. In a historic move, he was told that he had access to all areas, and would be free to audit the accounts of any Vatican department he wished. Formerly he had worked as chairman and CEO of Deloitte in Italy, as well as a number of big firms in the UK and USA. Milone was shocked to see the standard of accounting and bookkeeping in certain parts of the Vatican, and claims he started to encounter problems with the Vatican's 'old guard' when he started to ask questions about certain transactions and sums of money. After only two years in the job, he abruptly resigned, he claims by force because he was starting to uncover major financial mismanagement and fraud at some of the highest levels of the Catholic Church.
Now Milone is taking a €9.3m lawsuit against the Vatican for unfair dismissal, loss of income, and emotional distress. The case was thrown out by a Vatican court, but Milone is now appealing.
In this extended one-on-one interview with EWTN's Colm Flynn, Milone talks about working with Pope Francis to bring about financial reform, and the problems he resistance he started to come up against, and why he is now speaking out and telling his story.

[@mgw9562]

THEY HIRED HIM!!! And then accuse him of spying?? And embezzling??? That's rich!

[@JeffersonElder]

The embezzling accusation was against the cardinal, the cardinal was the one who accused the accountant of spying. And the Pope hired him. You got it all wrong

[@kevinkelly2162]

@@JeffersonElder lol That is like accusing the police of spying if they catch you comitting a crime.

[@JeffersonElder]

@@kevinkelly2162 yes. I agree

[@kevinkelly2162]

@@JeffersonElder The cheek of some people. I seem to remember a time when truth or even reality used to matter or maybe I was just naive. Cheers and thanks for the sardonic chuckle.

[@joeydownunder2976]

This man was European head at Deloitte. He’s a seriously capable and respected operator. You going to believe the disgraced Cardinal Becciu ahead of this guy? Please. Shame on the Vatican.

[@l0I0I0I0]

If true, the person who threatened him needs to be held accountable and criminally prosecuted. Holy Father needs to take initative to meet with him and personally appologize.

[@tf8066]

Excellent interview!

[@owenmccafferty9295]

Dear Mr. Milone, Thank you so much for your courage and devotion to our Savior to honorably and honestly audit the results of operations and financial position for the Vatican. Like you, I am a Deloitte (Haskins & Sells) alumnus. Like you, I am a practicing and contributing Roman Catholic. You didn't sue enough. Money appears to be more precious to some in the Vatican than Fear of the Lord. You watch over those the Vatican. Absolute power corrupts absolutely. We need to have much more men of your caliber. Thank you so much again. Ad Marjorem Dei Gloriam Take care, Owen PS Please consider your next assignment to audit the United States Government. Please bring an army of angels.

[@bernob9770]

This is crazy! You can't serve two masters.

[@aaronsomerville2124]

I think it’s obvious to everyone except the professionally obtuse who Bergoglio actually serves.

[@lukemccann]

God Bless him, I hope it hasn’t turned him off going to church and receiving the sacraments.

[@aaronsomerville2124]

Hopefully he will forget about those Masonic Satanists at the Vatican and start attending a Catholic Mass.

[@jamesbradshaw3389]

It won't, he is a better man then that God bless him and his good works

[@domburton]

Corruption in the Vatican? Perish the thought!

[@dyoung3648]

😅😅😅

[@jamesbradshaw3389]

Dont jump too high for joy, there is corruption everywhere, in your police force, your government and in your local town hall, Sadly the church also has had its problems but Pope Francis is helping to clear them up once and for all time

[@paulmualdeave5063]

Two things at the same time can be true. The accused can be guilty. The prosecutor can be validly fired. Lets not forget the accused was found guilty.

[@outofoblivionproductions4015]

It could also be true that they are Freemasons conspiring against the truth coming out.

[@ytujackclough]

Somethings never change.

[@thomasjoseph3488]

Seven years later. Give them not a cent.

[@declancronin437]

God bless and rest Cardinal George Pell..🙏

[@Mylifetime63]

Very sad state of affairs, I would love to know what investment companies the vatican has paid into. Especially if its medical related!

[@bernardphillips6988]

The bottom line is that all funds and monies need to be accounted for and then audited internally and externally. No agency, even our own Church should ever think they are beyond reproach. Furthermore all accounts in the Vatican should be published publicly showing all incomes and expenditures. Of particular interest should be compensations paid to victims of sexual crimes committed by the clergy. The amounts may be confidential but subjected to strict auditing and approval by the very top of the hierarchy. For too long, decades and centuries have the Vatican and churches throughout the world been secretive of their funds. They all need to make a full and honest ‘confession’ to the 1.4 billion Catholics in the world.

[@jamesbradshaw3389]

I can not disagree with a word you said

[@rainierendriga6134]

I'd rather believe this man rather than those cardinals or bishop! It's so shameful to hear!

[@Mark3ABE]

Nothing new to see here - Banco Ambrosiano - Roberto Calvi - Blackfriars Bridge.

[@patricko4024]

Great reporting, Bring it all to light and expose it, only then will things MAYBE change

[@simonewilliams7224]

Very telling.

[@lrpurba]

Please keep exposing this kind of evil, and at the same time spread the beautiful works that these people have done, doing and will be doing. It's always good to have both of the stories.

[@davidmonro3270]

It's amazing how they can demand honesty and transparency on financial issues but not criminal issues. These guys made crime pay for a thousand years.

[@henrike251]

PF made Becciu cardinal an state department functionary, then is found responsable for fraude, a multimillionaire fraude, and Becciu always said that PF always know the business

[@MajorTom546]

If I learned one thing, it is that the truth is somewhere in the middle. And the media is seldom interested in the truth.

[@maryanncabalo2343]

May Mr Milone get justice that he deserves

[@davido3026]

"Judas llevaba la bolsa"!!!

[@cohort075]

Cardinal Becciu = I’m shocked! shocked to learn there’s gambling going on in this establishment! Here is your winnings Cardinal, oh! Thank you very much.

[@John-qq8he]

How is the Pope refraining from requiring a full report on this intolerable issue? He should insist on finding the truth.

[@grantstangl969]

As a CPA, he comes across as very truthful and nothing that he or the external auditors did was anything other than routine.

[@juliannebowers2440]

Standard Audit and Accounting Principles

[@juliannebowers2440]

And what about dear Cardinal Pell !

[@annmatthews196]

I no longer give ANY money to the Catholic Church

[@SpeckledChieftain]

I haven’t for a long time. I feel bad but after witnessing corruption in my local Catholic Church, I decided no more. I do have a lot of guilt when I think of God, but it’s the right decision. Pope Francis should have at least sat down and spoke to this man. I hope he does in the future.

[@TheDarkRobloxian]

If this helps you still give it as God wills you give it, there is no problem. But at the very least do not now also turn away the heart to give food to people on the street as they ask, because people have wronged you.

[@annmatthews196]

@@TheDarkRobloxian thank you for your input, it's only the church that I am speaking about, it is my way to oppose what the left is doing to destroy the church, God is good and my faith is as strong as ever, but the church is not obeying God at the moment

[@sheetalsilveira9554]

Why does PF never let anyone kiss his hand?🤔 He does it even with Cardinal George Pell at the start of this video…..

[@soniavadnjal7553]

It isn't the hand that gets kissed, it's the papal ring.

[@sheetalsilveira9554]

@@soniavadnjal7553 yea..sorry That’s what I meant…

[@geoffjs]

To me it seems that he doesn’t like the honour shown to his office & is uncharitable in his response. He has also rejected the title Vicar of Christ, preferring to be know as the Bishop of Rome.

[@aaronsomerville2124]

Same reason that Judas gave the money back.

[@bjornwarnitz5761]

Write a book. ❤

[@jwatson142]

Incredible. I don't believe that Parolin or the Pope was shocked at anything that Señor Milone told them. If anything, I think they were shocked that he found out. Feigning shock or dismay is something we need to be suspicious of with these people. 11 years of this pontificate with these men in charge should have taught us to be cautious. NO one involved in any of the numerous crimes (abuse, embezzlement, to name two) has been punished.

[@richvestal767]

Did you catch Francis dropping his hand the moment Pell went to bow and kiss the Papal ring? Its so interesting that Francis loves to exercise such tyrannical power from his office yet he despises any good-faith attempts made by faithful to honor that same office.

[@Mutasis_Mutandis]

Should have kept Vigano on board because he had a job budgeting some departments prior to being sent to the states as nuncio. 😏

[@sophiachavez3377]

As if this pope has a clue about finances!

[@outoforbit00]

I do remember when this story broke. It was said at the time that this man and or his staff were whispering in ears asking about any scandals financial or otherwise. Clearly this is anything but a professional way to conduct oneself not to mention, utterly untrustworthy. So this man is an ex CEO of Deloitte. Deloitte the biggest auditing firm in the world. One of the big 4, and larger than the other 3 put together. Deloittes business structure is set up in a way that they never loose as they contract hundreds of shell companies. Employees are told about off shore tax avoidance options. When a company never looses, it's no longer capitalism, its something else. Ok so that aside, this man said that he wanted to contribute as a catholic, REALLY. As he is taking the going wage, he isnt contributing. Hundreds of thousands of poor and minimum wage people volunteer for charities without pay, and many of them are not a member of any religion. I know as i have volunteered alongside such people. If this man is sincere in what he says, why doesn't he give his wages for the work at the vatican to the poor and needy along with the 9+ million he is after. Saying all that though, i dont doubt there is corruption in Vatican finances whether it is incompetance or theft. But this guy is never going to loose a dime regardless, afterall he learned the tricks of the trade at Deloitte.

[@leoniea138]

Where educated people are refused to volunteer at church ,,. ..you must know that there is a stink

[@mgw9562]

??/whattt?//. What is your point? You are assuming, Be careful detraction is a sin

[@outoforbit00]

@@mgw9562 You reckon! only a Buddhist would think that Justice is about getting compensation. Surely Justice is about been exonorated. Hey maybe he knows he can't be. It seems his relationship with money is the same a Cardinal Becciu.

[@magdalenchavez7576]

P

[@leomullins]

Anyone using globalists' currency, banking, and credit facilities is subject to their control, and the Intel Agencies are the globalists stand over boys. They hold dirt over everyone, and those they don't they create the dirt they need. Pell, Assange, and people like auditors soon learn how that control is exercised.

[@user-eu8ub9cm5t]

You need to explain why Archbishop Vigano was removed at start of your video

[@magn630]

Are they church leaders or a mafia? Horrible the way this man and his colleagues were treated. Everyone, no matter how "important" the position you hold is, will have to answer to Jesus one day - may he have mercy on them.

[@jamesbradshaw3389]

t is very hard to hear how some, a very few religious people will act like gangsters/crooks in God's house, money and power have and will always corrupt some people, There are always good and honorable people Libero Milone and the vast majority of priests, bishops, cardinals and other in the church and they will win through in the end

[@maryanncabalo2343]

What happened t Pope Francis?Why did you not investigate both sides?

[@thomasjhenniganw]

Beciu sid what Francis approved.

[@maryanncabalo2343]

God is the ultimate Judge

[@MariumCarmo]

The mole, imported by PF himself, given full access. Where is the wonder!

[@outofoblivionproductions4015]

You've swallowed the Kool-Aid.

[@cnsv818]

Poor host. You should not use your own assumptions to ask questions. Ask your guest the background of his thoughts and actions instead.

[@Mark3ABE]

The position of the Vatican City State is not invulnerable. In 1929, Mussolini advised the King that, since the Pope continued to maintain his claim to the former territorial possessions of the States of the Church, the King’s sovereignty was always going to be open to challenge. So, Mussolini wanted the Pope to formally abdicate and to acknowledge the King as the new sovereign of his firmer territories. In exchange, the King offered the Pope a huge sum of money and sovereignty over what is now the Vatican City State. This rapprochement was also intended to secure the support for Mussolini of the Catholic vote. Having secured the Pope’s formal abdication, the King had achieved what he wanted. Today, the Republic of Italy has undoubted claim to all of Italy, apart from the Vatican City State. It is now almost a hundred years since the Lateran Treaty. There is now no challenge by the Papacy to the claim of the Republic to the former territories of the States of the Church. The independence of the Vatican City State now serves no useful purpose as far as the Republic of Italy is concerned. In an increasingly secular society, there is little risk of losing the Catholic vote by bringing the independence of the Vatican City State to an end. Every scandal in the Vatican puts its independence at risk. For those wanting independent financial services, Switzerland or Monaco offer much more secure and better regulated facilities than the corrupt and chaotic Vatican. If the existence of an independent Vatican City State starts to become an irritation to the Italian Government, it can always take back what Mussolini gave. It could simply annex the Vatican City State and bring all of its affairs under the rule of Italian Law.

[@peterpluim7912]

This is ridiculous.How do you propose the Italian state would do this? Send in the Bersaglieri?

[@Mark3ABE]

@@peterpluim7912 Italy could repudiate the Lateran Treaty unilaterally and restore the position under the Law of Guarantee of 1871. That is to say, it could leave ownership of everything within the borders of the Vatican City State in the name of the Papacy, but remove some, or all, of the extra territorial privileges, in particular, it could impose Italian banking law on the operations of the Vatican bank. There would be no question of any “invasion” or “annexation”. It would simply be a matter of withdrawing some of the privileges of extra territoriality.

[@peterpluim7912]

@@Mark3ABE That’s not what you said. “It could simply annex the Vatican City State and bring …”

[@Mark3ABE]

@@peterpluim7912 Well it could, of course, simply annex it. When King Victor Emanuel II wanted to annex Rome in 1870, he just sent in the artillery to bombard the City Walls until the Pope surrendered.

[@peterpluim7912]

@@Mark3ABE That’s what I said. :)

[@Minpher123]

Extremely irritating soundtrack!

[@tonygarbellotto1926]

bergoglio & his crooked cardinals

[@outofoblivionproductions4015]

So ya throwing everyone under the bus. Nice.

[@workingmoodleclass5925]

Ewtn always looking for controversy. Sad!

[@user-tv6vv5rb8v]

We have a right to know. Attitudes like yours are the reason to many children had their lives, innocence and virtue destroyed over the last century by clergy.

[@workingmoodleclass5925]

​@@user-tv6vv5rb8v Absolutely, but pope Francis did a much better job in this area of child abuses by the clergy than the previous 2 popes. For this reason, I have complete confidence in pope Francis: he will get to the bottom of this.

[@patricko4024]

So you're good with the status que in Rome? Just keep it all hush, hush, eh? Your part of the problem- Expose these super hypocrites!

[@workingmoodleclass5925]

@@patricko4024 things are ok for the most part. Pope Francis is good. Yes, I miss the catechesis of Benedict 16 but pope Francis does not like predators in the church. The message has been clear. I also wish that Pope Francis would use more Latin but his Italian sounds very good.

[@user-jx2kz4hh5f]

I think the Vatican does a pretty fantastic job of courting controversy all by itself. No corruption, no controversy it's pretty simple really.

[@MrMercytres]

This Chanel always try to destroy Catholic Church .

[@Mutasis_Mutandis]

More like exposing it.

[@Inquisitor2024]

It's on a self destructive course. Through its own evil world system

[@Inquisitor2024]

Honesty and transparency? 😂