April 22, 1987 |
The Rev. Richard Dortch, who took over as president of the PTL ministry after the resignation of evangelist Jim Bakker, announced Tuesday that he will not accept a salary or pension benefits for the next year. Dortch said on the "PTL Club" television program, of which he is host, that for the next 12 months he "will continue to live in the parsonage of this ministry . . . but I will not accept any salary whatsoever, nor pension benefits or any other benefits."
April 29, 1987 |
The Rev. Jerry Falwell, remaining firmly in command of the scandal-racked PTL religious empire, Tuesday cut off the $1.6 million in salaries for the ministry's fallen leaders, Jim and Tammy Bakker, and removed the Rev. Richard Dortch, Bakker's right-hand man, from all PTL leadership. At the same time, Falwell acknowledged that PTL money--not Bakker's personal funds--had been used to hush a sexual tryst that Bakker has admitted.
January 2, 1988 |
PTL's trustee will take action to recover what the Internal Revenue Service says is $9.36 million in excessive compensation paid to Jim and Tammy Bakker, an attorney for the television ministry's trustee said Friday. R. Bradford Leggett, an attorney in Winston-Salem, said he and David W. Clark, the ministry's Chapter 11 bankruptcy trustee, are conducting their own investigation of the excessive payments. The IRS filed reports on excessive compensation Dec. 16 in U.S.