Slaughter returns to court over asset transfer
BATON ROUGE - Former Southern University System president Ralph Slaughter is set to appear in court Thursday over claims he fraudulently transferred his assets into his wife's name to avoid paying a debt.
Today's proceedings were postponed two weeks ago after his wife failed to bring her attorney to the hearing.
Southern contends that Slaughter moved the assets before a judge ordered him to pay back the nearly $475,000 he allegedly owes the university.
But Slaughter's attorney says the transfer, which included their home, two vehicles and a portion of Slaughter's retirement, was something the couple planned to do before Southern filed a lawsuit.
The Southern System Foundation maintains that Slaughter misappropriated $150,000 back in 2007 to pay his legal representation when he sued the university.
Slaughter has denied owing the system any money.
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