The role of the State Treasury in a $ 1.8 billion accounting error is probably not to work

Republican South Carolina TreasurerCurtis Loftisleast likely to stay in the office for the rest of the year.

The republic has decided not to get dominated homeresolutionThe Senate, which was removed from the Senate, which emerged in the books of the state, but it was a $ 1.8 billion score and a real money on it, and it was a real money, and it was real money and said.

Senate sent a solution to Loftis on April 21 to take home. Home Speaker Murrell Smith said the session had not had time to take it before expiring May 8.

“Now we will concentrate on the passage of legislation and make a decision after the session, we will make a decision on the way forward to the treasurer,” Smith saidSouth Carolina Public Radio.

The decision is open to escape for the fifth four-year period in 2026. One of the arguments to stay in the office was not fair to cancel the results of the election.

“Today, I decided to choose the public’s work today on a political theater today.

Senate, 23 Republicans voted for 23 Republicans, after the emergency court hearing, 33-8 votes to delete Loftis. The senators that began to do the money and universities issued to $ 2.5 billion by state accountants were the culmination of the investigation into two years.

This caused the discovery of an account mistake that began ten years ago when the state changed from one accounting system to another. Accountants If the entries in two book sets have transferred thousands of accounts with different definitions, if they added it to a special account until it growsUp to $ 1.8 billion.

This is the court accountants who have to pay millions of dollars, finally opened almost all the moneyNot true cashBut a collection of mistakes.

The Loftis Senate Investigation askedhunt witch. They said many timesNo money was missingAlthough others express differently, there were no mistakes. The treasurer threatens a strong loan rating of the state that said he continues to go.

It was stated that eight republican senators did not return Loftis for voting against the resolution. Senate’s majority leader Shane Massey said he thought he did not make his colleagues strong enough to remove from the office.

“I would vote for a monkey on Curtis Loftis. I think the presence of his treasurer and the Republicans will make a good candidate to run against him,” Massey said.

This is the first year of the two-year meeting, so Loftis, who is currently in a home committee, will survive when MPs return to Columbia in 2026.

On the coming time, the Republican Year will begin in June, the Primary, governor and other state administration of the Republican.

This story was first displayed Fortune.com

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