Louisiana College to Keep President Following Financial Investigation

(UPDATED) Thanks to additional evidence not made known to media, Joe Aguillard will remain at the Baptist school even after he was accused of misusing school funds.

Update (May 14): Although Louisiana College president Joe Aguillard announced that the school would receive an anonymous, $10 million donation, the school also lost a $60 million, pledged donation from the Cason Foundation as a result of the trustees' decision to retain Aguillard as president.

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Update (May 6): Baptist Press (BP) reports that additional information not made known to the media–evidence contained in a "folder approximately one inch thick with documents"–helped exonerate Louisiana College president Joe Aguillard last week.

"The folder contained an abundance of information in the form of e-mails, handwritten notes, photographs and more, which contradict statements made to the Kinney law firm during its investigation and, at the very least, cast doubts on the report's conclusions," says BP reporter Kelly Boggs, who was allowed to examine the documents.

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Trustees at Louisiana College, a private school affiliated ...

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