(AP) - Two televangelists have resigned as regents of Oklahoma's Oral Roberts University following a spending scandal involving the school's former president.
One of them, Benny Hinn, is among six broadcast preachers being investigated by Iowa Senator Chuck Grassley. He wants to know if they violated their organizations' tax-exempt status by using small donors to live lavish lifestyles. All have denied wrongdoing.
Former Oral Roberts president Richard Roberts stepped down in November amid allegations he misspent school funds. Roberts is the son of school's founder and namesake.
The university has also settled a wrongful termination suit brought by a former professor who claimed Richard Roberts spent school funds on shopping sprees, a stable of horses for his family and a Bahamas trip for his daughter and her friends aboard a university jet. Roberts has denied wrongdoing.
Professor John Swails is being reinstated. He won't comment on other terms of the settlement except to say he's "satisfied."
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