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.
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
The South Carolina General Assembly gaveled in the 126th Legislative Session on Jan. 14. Representatives from the Aiken County Legislative Delegation got off to a fast start. Pictured, left to right,
The South Carolina Treasurer defended his actions to a House committee Wednesday, amid calls for his resignation.
The results of the audit found that $1.6 billion of the $1.8 billion believed to have existed was the "result of incorrect journal entries."
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.
South Carolina Treasurer Curtis Loftis doesn’t have to wait for the next election to see who’s after him. The answer is pretty much everyone — and they aren’t waiting for his name to ...
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.
COLUMBIA, S.C. (WSPA) – George Kennedy, South Carolina’s State Auditor ... Kennedy, along with State Treasurer Curtis Loftis and former Comptroller General Richard Eckstrom, came under scrutiny following accounting errors which led to a “mystery ...
SOUTH CAROLINA (WACH ... Heather Baur filed articles of impeachment for state Treasurer Curtis Loftis. Loftis' office responded to the impeachment calls with a statement defending his tenure.