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House Democrat calls for SC treasurer’s impeachment over $1.8B accounting debacle
In the wake of a report that South Carolina’s financial leaders allowed a $1.8 accounting blunder to linger on the state’s ledger for nearly a decade, one House Democrat is calling for the impeachment of state Treasurer Curtis Loftis.
Will SC House join calls to remove Treasurer Curtis Loftis after most of $1.8B didn’t exist?
I think it’s important to note, this is not any fraud, this is not a misrepresentation, that this is just incompetence, in errors that have occurred over a period of time,” SC House Speaker Murrell Smith said.
SC rocked by $1.8B accounting error, state leaders call for treasurer's impeachment
In a shocking revelation, a nearly $2 billion accounting blunder has rocked South Carolina’s state finances. On Wednesday evening, Governor Henry McMaster confi
Legislators call for Treasurer's job after accounting errors uncovered
State legislators are weighing in now following the independent forensic audit by AlixPartners determined that accounting errors compounded over years, instead of being reconciled, were responsible for what had been reported to be $1.
3d
Impeachment and investigation calls bubble against SC Treasurer Curtis Loftis amid SEC investigation
House Speaker Murrell Smith has pledged investigations into South Carolina Treasurer Curtis Loftis' handling of a $1.8 ...
2d
on MSN
South Carolina lawmakers call to axe treasurer after $1.8 billion accounting error
The results of the audit found that $1.6 billion of the $1.8 billion believed to have existed was the "result of incorrect ...
4d
on MSN
Most of SC’s mysterious $1.8 billion never existed, according to an independent auditor
SC Treasurer Curtis Loftis defended his office ahead of the report’s release, saying the money existed and has always been ...
southcarolinapublicradio
3d
The State House Gavel: Feds probe SC accounting error, audit reveals $1.8B source
Statehouse reporters Gavin Jackson, Russ McKinney and Maayan Schechter are back at the Capitol reporting what you need to ...
2d
on MSN
Accountants skeptical following South Carolina’s reveal of $1.8 billion money mystery
South Carolina’s mysterious $1.8 billion in a bank account doesn’t exist. That’s the answer to the nearly year-long questions ...
3d
on MSN
Lawmakers demand answers after $1.8B financial gap traced to accounting error in SC
The financial audit revealed most of the $1.8 billion was made up of entries made in a conversion error, not amounting to ...
4d
on MSN
$1.8 billion isn't missing after all in South Carolina, questions remain about error
COLUMBIA, S.C. -- It turns out that $1.8 billion in South Carolina state funds weren't just sitting in a bank account waiting to be spent. Instead, it was an accounting error compounded over years ...
Charleston City Paper
2d
Pressure grows on Loftis to resign over $1.8 billion snafu
Statehouse leaders are calling for the resignation or impeachment of state Treasurer Curtis Loftis over a $1.8 billion ...
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