ORU’s Troubles Far from Over

OKPNS has reported previously on the financial and legal woes of Oral Roberts University, regarding its former President, Richard Roberts and his wife, Lindsey. The Mardel’s founder recently bailed the university out provided it met certain conditions.

But the saga continues.

Newser is reporting:

More than $1 billion a year was inappropriately funneled through Oral Roberts University, a lawsuit by a former senior accountant at the scandal-plagued school alleges.

Trent Huddleston claims in a lawsuit filed Thursday in Tulsa County District Court that he discovered an “unrestricted” account used to funnel “unusually large” sums of money through the university each month _ which would exceed $1 billion on an annual basis _ that wasn’t used for any legitimate university purpose.

He says he was discharged because school officials feared he would reveal that the account existed.

[…]

University spokesman Jeremy Burton dismissed any wrongdoing late Thursday, saying allegations of inappropriately funneling money through accounts had “no basis in fact.” John Tucker, an attorney for ORU, said the petition appeared to be “grounded in fantasy.”

Huddleston’s lawsuit, the latest to hit the scandal-plagued school, amended a complaint he filed in late November against ORU. (more)

The Tulsa World is reporting:

“It appears that many of the former board members were actual participants in the funneling of money through the university for their own eventual personal use, and thus, the foxes were watching the hen house,” says former accountant Trent Huddleston’s lawsuit.

The money “was not used for any legitimate purpose” that Huddleston knew, his lawsuit says.

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