As the situation regarding the charges against Jerry Sandusky and the subsequent perjury charges against Tim Curley and Gary Schultz continue to unfold, an executive session of the Board of Trustees was held inside Old Main this evening.

The session, which seemed to have concluded when several trustees walked out of Old Main refusing comment, appears to be in relation to potential punishment for Curley and Schultz, though that has not been confirmed yet.

However, the lights remain on inside of Old Main, suggesting that University Relations may be forming a plan of action inside.

Stay tuned to Onward State for the latest as it happens, and follow us on twitter @OnwardState for up to the minute updates.

UPDATE: 10:52 p.m.

The Centre Daily Times has confirmed that the meeting is in relation to the Sandusky case and subsequent charges. University Spokesman Bill Mahon, who also heads University Relations, said “They are discussing the allegations that broke this weekend from the Attorney General’s office.” The CDT is also reporting that a statement will be issued on Monday, and the trustees will meet again on Friday.

UPDATE: Monday, 12:12 a.m.

The Associated Press reports that the Board of Trustees has announced that both Tim Curley and Gary Schultz are being placed on administrative leave from their posts as a result of their involvement in the alleged cover-up. Though it’s easily the least important news of the night, Graham Spanier announced that Senior Associate Athletic Director Mark Sherburne will fill Curley’s role on an interim basis.

UPDATE: 12:52 a.m.

Penn State Live reports that the Board outlined a course of action to guard against future actions.

[Chairman of the Board] Garban announced the following steps:

1. The chair of the board will appoint a task force to engage external legal counsel to conduct an independent review of the University’s policies and procedures related to the protection of children. This action is not intended to interfere with the ongoing judicial process;

2. Publicize the findings of the independent review;

3. Review with administrators police reporting protocols; and

4. Enhance educational programming around such topics.