With scandal swirling in the air on campus and the president on a leave of absence while accusations against him and his family are sorted out, Oral Roberts University seems to be preparing for a fire sale of sorts to reduce the college's debt of more than $50 million.

We first reported on the scandal at ORU back on October 8th. Then in mid-October the university's president, Richard Roberts, stepped away from his office and took a temporary leave of absence so that the institution's trustees could try and sift through the accusations of financial improprieties by Roberts and sexual misconduct by his wife, Lindsay Roberts. Richard and Lindsay have denied the charges. But a lawsuit filed by three former faculty members is pending and the IRS is investigating whether ORU violated it's non-profit status by becoming involved in a local political campaign.

ORU Prayer Tower

In the midst of all of this, ORU has decided to try and sell the campus-based radio Station, KGEB, according to one local news outlet.

According to Tulsa World, ORU has hired the Washington, D.C., law firm of Miller & Chevalier Chartered to investigate the various allegations and the law firm is being supported by a Texas accounting firm, Pickens, Snodgrass, Koch & Co., P.C.

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