South Carolina Treasurer Curtis Loftis says calls for him to resign over an accounting error that left the state sorting out what happened to a $1.8 billion fund amounted to a witch hunt.
We can’t allow a treasurer to be pushed out because of other people’s failures” South Carolina Treasurer Loftis told a House Ways and Means panel.
Much of the $1.8 billion was found in a bank account only ever existed on paper, but legislators are left puzzled over how the mistake happened under Treasurer Curtis Loftis.
South Carolina Treasurer Curtis Loftis has recognized Berkeley County School District’s Nathaniel Gilmore of Goose Creek High School as the South Carolina Financial Literacy Master Teacher Program’s E
The South Carolina Treasurer defended his actions to a House committee Wednesday, amid calls for his resignation.
One of the biggest conversation topics recently in South Carolina was the “mystery” $1.8 billion, reported to be found in a state account.
This comes after an independent forensic audit determined an accounting error was responsible for nearly $2 billion mysteriously sitting in South Carolina’s bank account.
COLUMBIA, S.C. — It turns out that $1.8 billion in South Carolina state funds weren ... and should the elected state treasurer, Curtis Loftis, step down or be impeached. "In the private sector ...
COLUMBIA, S.C. (WSPA) – George Kennedy, South Carolina’s State Auditor, resigned from office Thursday. Kennedy, who has served in the position since October 2015, sent a letter of resignation to Governor Henry McMaster and the State Fiscal Accountability Authority.
After calling it premature in April, columnist Matthew T. Hall argues an accounting scandal and a Securities and Exchange Commission investigation are too big for Loftis not to leave now.
SC needs leaders who prioritize public service over ego, and financial system managed by professionals committed to transparency, accountability and public good
Statehouse leaders are calling for the resignation or impeachment of state Treasurer Curtis Loftis over a $1.8 billion blunder that remained on the state's ledger for nearly a decade.