South Carolina Treasurer Curtis Loftis said Wednesday that calls for him to resign over an accounting error that left the state trying to figure out what happened to a $1.8 billion fund amounted to a witch hunt.
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.
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.
SC needs leaders who prioritize public service over ego, and financial system managed by professionals committed to transparency, accountability and public good
Statehouse reporters Gavin Jackson, Russ McKinney and Maayan Schechter are back at the Capitol reporting what you need to know when lawmakers are in Columbia. They'll post news, important schedules, photos/videos and behind-the-scenes interviews with policymakers.
How South Carolina could lose, and subsequently find, $1.8 billion in "missing" money has confounded state lawmakers for nearly one year. Here's what happened.
COLUMBIA, S.C. After confirmation that most of a mysterious $1.8 billion did not exist, calls for the removal of Treasurer Curtis Loftis ... we’re going to worry about the state of South Carolina,” Smith said. Because of the questions surrounding ...
The South Carolina Treasurer defended his actions to a House committee Wednesday, amid calls for his resignation.
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 ...
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."
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.