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Liberty University investigating 'all facets' of Falwell's time as president

Liberty University announced on Monday it is launching an independent investigation into "all facets" of the school's operations during Jerry Falwell Jr.'s time as president.

Following the death of his father, Jerry Falwell Sr., Falwell became president of the evangelical university in 2007, and left his post last week. Falwell and Liberty cut ties after Falwell's business partner, Giancarlo Granda, came forward and said he had spent years in a sexual relationship with Falwell's wife, Becki Falwell, and sometimes, her husband would watch them. Falwell has admitted his wife and Granda had a relationship but denies that he was part of it.

Liberty's board said an outside firm will look into "financial, real estate, and legal matters" connected to Falwell, and the school is "committed to learning the consequences that have flowed from a lack of spiritual stewardship by our former president." Falwell had earlier been accused of ensuring that his family and close friends benefit from campus construction contracts.