For the first time in the second century, South Carolina’s lawmakers will try to remove elected officials from all over the state.
Republican Senator on Wednesday, Republican State Finance DepartmentIt was removed from the officeOver $ 1.8 billionAccounting errorThen we cannot report the problem to the General Assembly. Loftis says attempts to chase him are politically motivated.
If two -thirds of the Senate vote to him, you can remove the loftis. At the hearing on April 21, the Senator will present the case and the Loftis or his lawyer will respond for three hours. Then the house will follow the lawsuit with his hearing.
Money that does not exist
no way58 pagesAccording to a report on accounting errors last week, South Carolina’s book has been inaccurate for 10 years and has not been modified. The state paid millions of dollars to a forensic corporation who decided that the missing money was not spent in cash, but instead was a series of errors that did not move from one system to another to other systems.
The state government said, “We must not continue to commit to inability to continue the financial supervision, that is, our banks and investment functions.600 pagesexhibition.
LOFTIS has won four elections since 2010 and called the Senate investigation to capture the Senate investigation to support the legislation to be appointed positions.
Loftis said, “South Carolina’s financial threats are not due to incorrect management or money that lost money.The true risk comes from a constant political motivation attack on my office. There is a risk of damaging our financial reputation and increasing the cost of taxpayers, and working for people that are not special benefits. We vote our right to elect finance.In the statement.
Origin
The problem began in the 2010s as the state changed its computer system. At the end of the process, the workers could not know why the book was more than $ 1 billion. Funds were created to cover accounting errors and were added to paper to maintain the balance of the main book for many years.
The error has been revealed since the COMPTROLLER General Richard Ecktrom.Resignation in March 2023By other accounting mistakeHis replacementI reported my mystery account.
The report said that Loftis not only ignored or found the mistake of the office, but also refused or delayed an attempt to independently investigate the problem.
Republican Senator Stephen Goldfinch said, “The Treasury has tried to cover them.
The Senate Subcommittee held a hearing to Loftis under oath. They have room for controversy. Loftis hit the newspaper and the Senate threatened to criticize the witch hunt and get up and leave.
Confrontation
When a lawmaker asked Loftis why he did not submit a report on the state’s finances according to the law, the Senate was especially angry. The financial manager said he would post an online report that could include bank account numbers and other sensitive information.
Senators fell into turmoil the next day. They said that cyber criminals could easily post reports without information on the account.
They demanded that the governor and the head of the state police found ropes and did not post a report. The financial manager said he was following the instructions of the Senate.
Senators said in a last week’s report, “His volatile temperament and angry attitude described those who were accused of working with him to secure South Carolina’s financial status.”
The report also said that Loftis is responsible for spending millions of dollars in the lack of supervision and lack of cooperation on account investigations.
What happens next?
The Senate approved the “removal of address” by voice voting on Wednesday. Lawmakers have never taken constitutional measures.
The future of the resolution is a bit darker in the House of Representatives. Republicans did not forcibly demand the demolition of finance.
Republican Governor Henry McMaster also suggested that it was too bold to remove ropes from the office, but the Governor suggested that it does not play an important role in the process.
This story was originally on Fortune.com.
