Embattled Oral Roberts president resigns

Looks like the reign of Richard Roberts has ended at ORU… Full Story Here.

TULSA, Okla. - The president of Oral Roberts University, facing accusations he misspent school funds to support a lavish lifestyle, resigned on Friday, officials said. Richard Roberts’ resignation is effective immediately, according to a statement e-mailed from George Pearsons, chairman of the school’s Board of Regents.

Roberts and the evangelical university have come under fire since three former professors sued last month, alleging wrongful termination.

The lawsuit includes allegations of a $39,000 shopping tab at one store for Richard Roberts’ wife, Lindsay, a $29,411 Bahamas senior trip on the university jet for one of Roberts’ daughters, and a stable of horses for the Roberts children…

Former ORU Regent Harry McNevin, who quit the board in 1987 because of the misspending he alleged he witnessed, called the resignation “inevitable.”

“You can’t take the sacrifices of God’s people and use them any old way,” he said. “It’s been 20 years that they’ve been doing the same things that I became aware of.”