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.
The South Carolina Treasurer defended his actions to a House committee Wednesday, amid calls for his resignation.
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
In South Carolina, the fallout from a $1.8 billion accounting error cost the job of the state auditor, while the state treasurer is vowing to push forward with a promise of transparency. An independent audit released earlier this month found that $1.
SC Treasurer Curtis Loftis says transparency is the cornerstone of his administration, and he's been unfairly criticized over existence of $1.8 billion
For the last year, close watchers of South Carolina’s politics have been ... one of which is what will happen to embattled state Treasurer Curtis Loftis, the man who has been widely blamed ...
South Carolina’s mysterious $1.8 billion in a bank account doesn’t exist. That’s the answer to the nearly year-long questions of “Where did this money come from” and “Who does it belong to?” State Treasurer Curtis Loftis says he’s accounted for every single cent.
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.
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. (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.