TULSA, OKLA. — The president of Oral Roberts University, who is accused of misspending university funds to support a lavish lifestyle, resigned from his position, officials said Friday.
Richard Roberts' resignation is effective immediately, Board of Regents Chairman George Pearsons said in an e-mailed statement.
Roberts and the university have come under fire since a lawsuit was filed by three former professors.
The suit includes allegations of a $39,000 shopping tab at one store for Roberts' wife, Lindsay; a $29,411 Bahamas senior trip on the university jet for one of Roberts' daughters; and the purchase of a stable of horses for the Roberts children.
Roberts, son of school founder and televangelist Oral Roberts, had been on temporary leave from the evangelical university he had headed since 1993, fighting the accusations. In a recent interview, the couple denied wrongdoing.
Roberts has said the lawsuit amounts to "intimidation, blackmail and extortion."
He said in a statement Friday: "I love ORU with all my heart. I love the students, faculty, staff and administration, and I want to see God's best for all of them."