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SU Foundation files to seize Slaughter's assets

3 years 11 months 1 week 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.
Follow the publisher of this post on Twitter: @treyschmaltz


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