Please read below for the unofficial transcript of the pope’s November 26 in-flight press conference, during his flight from Tokyo, Japan to Rome; compiled by the Catholic News Agency

Cristiana Caricato (TV2000, Italy): Holy Father, people read in the newspapers that the Holy See has acquired an apartment for hundreds of thousands of euros in the heart of London, and they become a bit disconcerted, because of this use of Vatican finances. Also, in particular, because it involves Peter’s Pence. Did you know of these financial things? And above all, in your opinion, is it correct to use  Peter’s Pence in that way? You have often said that money should not be made with money. You have often denounced the unscrupulous use of finances. However, we see that this operation involves the Holy See. This scandalizes in some way. How do you see this whole event?

Pope Francis: Thank you. First of all, in good administration it is normal for a sum to come from the Peter’s Pence, and what do I do? Put in a drawer? No, this is bad administration. But I look to make an investment, and when there is the need, to give… when there is the necessity, in one year, you take it. Your capital you do not devalue, if it maintains or if it grows a little. This is good administration.

If [it is] an administration of the drawer, it is bad. But you should try to make a good administration, a good investment. Is that clear?

Also an investment, as we say, an investment by widows? What do widows do? [Ed.note: An Italian saying] Two or three here, five here, if one falls, one of the others so that they are not ruined is always on security, this is always moral.

If from Peter’s Pence you invest in a weapons factory, the pence is not a pence there, eh?

If you make an investment and for years, without touching it, the capital does not go, Peter’s Pence should be spent in one year, one year and a half, until the other collection arrives which is made world-wide. And this is good management.

On security, and also, yes, you can buy a property, rent it, and then sell it. But, on security, with all of the securities, for the good of the people of the Pence. This, one. Then, what passed passed: A scandal. They have done things that do not seem ‘clean.’

But, the report did not come from the outside. That reform of the economic methodology, that Benedict XVI had already started, is going forward. And it was the auditor of the internal accounts to say: ‘Here there is a bad thing. Here there is something that is not working.’ And he came to me. And I said, but are you sure? ‘Yes.’ And he let me see the numbers. ‘What should I do?’ [he asked]. [I said:] There is the Vatican justice. Go and give the report to the Promoter of Justice. And in this I remained content, because you see that the Vatican administration now has the resources to clarify the bad things which happen inside, like in this case, that — if it is not the case of the apartment in London, because this is not yet clear — but in that [other instance] there were cases of corruption.

And the Promoter of Justice studied the accusations, consulted, and saw an imbalance in the budget. And then, he asked me for permission to make the searches. I said: ‘Is it clear, your report?’ He told me, ‘yes, there is a presumption of corruption in these cases. I should carry out searches in this office, this office, and this office.’ And I signed the authorization.

The searches were done in five offices. And up to today, but we have the presumption of innocence, but there is capital that is not administered well, also with corruption.

I believe that in less than two months they will begin questioning the five people that are blocked [suspended from the Vatican], because there were indications of corruption. You will ask me: ‘And these five are corrupt?’ No, the presumption of innocence is a guarantee, a human right. But, there is corruption, and you will see. With the searches you will see if they are guilty or not.

It’s a bad thing, it’s not good what is happening in the Vatican. But it is clear that the internal mechanisms are beginning to work, those that Benedict XVI had already started to make. And I thank God. I do not thank God that there is corruption, but I thank God that the Vatican monitoring system is working well.

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