$ 1.8 billion in South Carolina will cost $ 1.8 billion in the country, the treasury of the state

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For the first time in the two centuries of the United States, South Carolina MPs will try to take a state of a state elected from the office.

On Wednesday, the Republican Senate, Republican State Treasury Curtis Loftis, decided to hold a court hearing to decide whetherremoved from officeMore than $ 1.8 billionerror of accountingAnd then to inform the problem in the general meeting. Loftis says he says he is politically motivated by the attempt to make him ousturt.

Loftis can be removed if two-thirds of the Senate voted against him. On April 21, the senators will present their work and last three hours to respond to the Loftis or his lawyer. The house would then watch the suit with his hearings.

Money not available

One58 Page PageLast week, the report released in connection with the accounting error, said that the books of South Carolina have been inaccurate for 10 years and continue to be corrected. Finally, instead of the system, instead of, instead of a system, there were no series of errors from another system, but another system, but another system, and there were a number of mistakes.

State “Sustainable financial control – the bank and investment functions of our state are not in the incompetence, not to continue their incompetence.600 pagesexhibits.

Loftis has won four elections since 2010 and the Senate investigation has called on the investigation to take a power, so a bill was appointed to get support for a bill.

“Southern Carolina did not have a financial threat or not missing money. The real threat is to rob a treasure, the financial authority, taxpayer, and the taxpayer, the taxpayer,” said Loftis, “said LoftisIn the statement.

The origin of the mistake

Problems began when changing the state’s computer systems in 2010. When the process was completed, the workers could not understand why books were more than $ 1 billion. A fund was created to cover the accounting error and added more paper on paper to keep the state’s books balanced over the years.

Comptroller General Richard was wrong after EckstromHe resigned in March 2023a different accounting error andits replacementinformed about the mystery account.

The report said that Loftis did not find or slow down or slow the problem of the Loftis, or the problem of investigating the independent.

“The treasurer tried to cover them. He said that seven years ago,” said Republican Senate Stephen Goldfinch.

The Senate Subcommittee held a listening to ask Loftis in the oath. Have been controversial. Loftis fogged documents, blamed a witch hunt and threatened to stand up and leave.

Demonstration with senators

As required by law, the anger senators of a deputy, why the bill was required, why did not provide information about the public finance. Treasurer, said it will broadcast a report that can be included in bank account numbers and other sensitive information.

Senators were in the noise the next day. The report said that cyber criminals can be easily published without information that allows the evacuation of government accounts.

The head of the governor and the state of the State Police found Loftis and demanded that he did not broadcast the report. The treasurer simply said he watched the instructions of the Senate.

“His volatile temperament and angry behavior are humiliated by those who are accused of working with him to ensure the financial parking of South Carolina.

The report said that the Loftis, the result and subsequently investigating the score, as a result of the lack of cooperation, millions of dollars.

What happens next?

The Senate approved the things called “Addresses” by hearing with a voting voting with no opposition voting. MPs never brought the constitutional step to his conclusion.

The future of the resolution is a little more confusing in the house where no republicans are going to be called for force to eliminate the treasury.

Republic Gov. Henry McMaster also offered Loftis’s removal from the office, but the governor does not have a great role in this process.

This story was first displayed Fortune.com


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