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SU Foundation files to seize Slaughter's assets

3 years 4 months 3 weeks ago July 16, 2013 Jul 16, 2013 Tuesday, July 16 2013 July 16, 2013 9:32 PM in News
Source: WBRZ
By: Trey Schmaltz

BATON ROUGE- The Southern University Foundation is moving forward with collecting the assets of former system president Ralph Slaughter.

Slaughter owes the foundation about $500,000 from unapproved expenses during his tenure.

The WBRZ News 2 Investigative Unit obtained court documents that show the foundation will seize Slaughter's $1.3 million home off Perkins Road. The paperwork was filed Tuesday and also takes possession of four vehicles, including a 2007 Mercedes. Lawyers for the foundation want the property sold at a sheriff's sale.

Recently, a judge ruled Slaughter illegally tried to hide his assets by transferring them to his wife.

Slaughter is related to Port Allen Mayor Deedy Slaughter and currently serves as unpaid chief-of-staff. Mayor Slaughter has shown an interest in adding him to the town's payroll but has not received support from the city council to make that move.
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Follow the publisher of this post on Twitter: @treyschmaltz

 

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