SC treasurer confirms that he

Columbia, SC (WCSC/AP) – the state treasury of South Carolina, Curtis Loftis, made an explanation in which the state’s inspector was examined that the state’s general inspector, which he welcomed.

Loftis said he took a step with the Inspector of General Brian Lamkin and the head of the law enforcement agency of South Carolina according to the constitutional committee of the Senate Financing Department, which he described as “proactive”.

He said that he “expressed the willingness that they thoroughly examined the office of the State treasury”.

“Despite Sen. (Larry) Groom’s claims, our office has worked with all state agency partners and independent examination companies since this matter, which is due to the former general competence of 3.5 billion US dollars in 2022 in 2022 in 2022,” said Loftis.

On April 21, the state’s senators agreed with 33: 8 to remove Loftis from the office on the account error after the grooms introduced a Republican who introduced Berkeley County, in which the Loftis crash was requested at the beginning of the month.

The groom performed the solution according to a accounting error of $ 1.8, which an independent report published in January published the conversion of the state from one accounting system into another. The report states that the majority of the mysterious 1.8 billion US dollars – about 1.6 billion US dollars – never existed; There were the remaining $ 200 million, but were spent by the legislators and never removed from the books.

In the report it was found that the treasurer of the state, the General Compotroller and the examiner knew all of them, but the mistake was not aware of the attention of legislators until the end of 2022 and had remained in state financial reports.

The former state auditor George Kennedy resigned in January. The former general connection general Richard Eckstrom terminated in 2023 under pressure from legislators.

Loftis described the Senate examination as a witch hunt. He repeatedly said that no money had disappeared and that the mistakes in his office were not made, although others testified differently. The treasurer said that he continued to focus on the mistakes that threatens the strong creditworthiness of the state.

However, removing a nationwide chosen nationwide from the office in South Carolina requires two thirds of the members both in the Senate and in the house to vote for it.

“We voted to remove the treasurer this evening because he did not fulfill his duty,” said Gooms, Chairman of the Senate Finance, who cited the investigation after the vote of April 21. “We have made our duty and I think it is in the house to fulfill your duty.”

“I would say to the house, look at the evidence,” said Senator Stephen Goldfinch, R – Georgetown and member of the Grooms subcommittee, to reporters on the same evening. “And when you see our hearing today, you will see evidence that show the responsibility of the treasurer.”

But the house dominated by Republicans, on the other hand, decided to remove a decision to remove Loftis, whereby the spokesman for House Speaker Murrell Smith, R – Sumter, did not have enough time to record it before the end of the session on May 8th.

This means that Loftis is expected to stay in office for at least the rest of the year and that it remains open for a fifth term of four years in 2026. One of his arguments to stay in office was that it was not fair to overthrow the results of an election.

This is the first year of a two-year session, so the decision remains to stay alive in a house committee when the legislator returns to Columbia in 2026.

The submission of the office begins next March with the Republican primary school for treasurer, governor and other nationwide offices in June.

Copyright 2025 toilet. The Associated Press contributed to this report. All rights reserved.