Ousted SCLC execs may have mishandled over $500K

ATLANTA - A spokesman for a Southern Christian Leadership Conference faction meeting in Atlanta says an ongoing internal investigation has revealed that the group's ousted chairman and treasurer have mishandled at least $569,000, and more funds and other individuals may be involved.

Bernard LaFayette says the inquiry should be completed in time for the SCLC's annual convention in Atlanta this August. At the convention, the SCLC also expects to install its president-elect, the Rev. Bernice King, who was elected in October.

King's installation has been delayed for months amid legal woes and bitter infighting among split factions of the board of directors.

The ousted chairman and treasurer have denied wrongdoing. Separate SCLC factions are holding board meetings this week.