In the midst of homecoming festivities this weekend on campus.  New allegations have surfaced that 1 billion (with a capital ‘B’) were funneled through the university inappropriately.  The claims come from a former senior accountant who is suing over the loss of his job at the university.

Our Thoughts:

We have no idea where that kind of money would have come from, even in a former “oil-rich” town such as Tulsa.  We have serious doubts, but anything is possible – including a larger scheme involving other outside organizations.  Regardless of what may or may not have happened in the past, things have now changed for the better.

We have one thing to say to the new board of trustees.  Please, no golden parachute for Richard.

Read the full story from the AP here.

ORU received the remaining $62 million of Mart Green’s $70 million dollar donation to the university.

Sources have informed us that preparations may now be in order to move all Oral Roberts Ministries operations off campus.  This measure would be a major step toward the formal separation of Oral Roberts University from Oral Roberts Ministries required by the IRS.

Interestingly enough, this may also include the Abundant Life Prayer Group currently housed in the Prayer Tower.  Designed by Frank Wallace, the tower was originally built as the main architectural centerpiece of the campus in addition to serving as a visitor’s center and base for the phone operations of Oral Roberts Ministries.

Sources also believe that Richard and Lindsay Roberts will most likely relocate outside the Tulsa area – possibly to Southern California.

Stay tuned to SaveORU.com for more news and analysis.

ORU is now taking steps toward becoming a financially accredited religious organization through the Evangelical Council for Financial Accountability (ECFA).

Save ORU previously stated that this was a necessity in order to restore ORU’s public image with the community, alumni and donors. Link to story.