Roberts denies money-funneling claims

BY APRIL MARCISZEWSKI World Staff Writer
Saturday, February 09, 2008
2/09/08 at 4:00 AM




The latest on this story: ORU seeks dismissal of suit




Former Oral Roberts University President Richard Roberts said Friday that he is "astounded" at the "ludicrous" allegation, made in a court filing Thursday, that more than $1 billion was funneled annually through ORU.

His attorneys issued a statement the day after former ORU accountant Trent Huddleston revised his lawsuit against the university and its leaders to make that allegation and claim that the money might have gone to former ORU regents.

Huddleston claims that he wrongfully lost his job partly because ORU leaders feared that he would talk about the alleged account used for funneling money, his lawsuit says.

The statement says, "It is inconceivable to Dr. Roberts that any such large-scale financial activity ever took place at ORU or" the Oral Roberts Evangelistic Association.

The statement claims that Huddleston and his attorney, Gary Richardson, made the allegation to gain publicity.

In a telephone interview, Richardson said ORU and its leaders have claimed all along that allegations first made in another of Richardson's lawsuits -- filed by three former professors -- were for publicity, "and yet, tremendous change has been happening."

Roberts resigned as president in November, and ORU's former governing board was replaced by a new board of trustees this month.

The Green family, which has given $70 million to ORU since late November, is requiring that ORU adopt shared governance, in which trustees, the president and faculty have defined roles and input into decisions.

Richardson also said, in response to Roberts' statement: "Tell them to release the audit. Find out whether it's a publicity stunt or not."

ORU's former board of regents hired an outside law firm last year to audit ORU's finances and more after the former professors sued ORU and its leaders. They alleged in their lawsuit that Roberts and his family had misused ORU and Oral Roberts Evangelistic Association money.

ORU has not released that audit, and a spokesman again declined to do so Friday.

Roberts has denied all allegations in the professors' lawsuit, and his statement Friday said he denies all allegations in Huddleston's lawsuit.

Neither Roberts nor the other defendants have been served with the lawsuit, reports show, so Roberts has not had an opportunity to file a legal response to Huddleston's claims.

Roberts, Richards and others involved in the professors' lawsuit are not allowed to talk about that suit outside of court, but no gag order exists in Huddleston's suit.




April Marciszewski 581-8475
april.marciszewski@tulsaworld.com




Copyright © 2013, Tulsa World All rights reserved.