| May 11, 2023, 2:31 p.m.
| Updated: 2:32 p.m.
This Sunday’s edition of “60 Minutes” will lead off with a report about the finances of The Church of Jesus Christ of Latter-day Saints and will feature an on-camera interview with a former senior portfolio manager with faith’s investment wing who turned whistleblower.
David A. Nielsen — who filed a complaint in late 2019 with the IRS accusing the Utah-based faith of amassing a $100 billion reserve fund intended for, but never spent on, charity in potential violation of tax laws — has declined previous interview requests, including with The Salt Lake Tribune.
Breaking his public silence, Nielsen will speak with “60 Minutes” correspondent Sharyn Alfonsi on the newsmagazine show, which airs Sunday at 6 p.m. on CBS/Channel 2 and will also stream on Paramount+.
According to CBS, the report on the “$100 billion fortune built by the [church’s] secretive investment arm” — Salt Lake City-based Ensign Peak Advisors — will include Nielsen talking about his “allegation that instead of spending the money on good works, hundreds of millions were used to bail out businesses with church ties.”
Nielsen has alleged substantial sums went to commercial ventures, including the development of the City Creek Center shopping mall in downtown Salt Lake City and the rescue of Beneficial Life Insurance Co.
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