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Slaughter returns to court over asset transfer

3 years 3 months 4 weeks ago June 27, 2013 Jun 27, 2013 Thursday, June 27 2013 June 27, 2013 8:53 AM in News
Source: WBRZ
By: Jillian Washington

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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