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
SC’s state auditor resigns from job amid controversy over state’s $1.8B accounting error
South Carolina State Auditor George Kennedy III and outside independent auditor Remi Omisore, a principal at CliftonLarsonAllen, speak to a Senate Finance subcommittee about the comptroller general’s office $3.5 billion financial reporting error. Joseph Bustos [email protected]
South Carolina state auditor resigns amid $1.8 billion accounting scandal
South Carolina auditor George L. Kennedy has resigned following allegations his office failed to report billions of dollars worth of accounting errors.
SC state auditor resigns amid federal investigation into multibillion-dollar accounting errors
Two of South Carolina’s financial officers have now resigned in the wake of multibillion-dollar accounting blunders that prompted a federal securities investigation. State Auditor George Kennedy submitted his resignation Thursday in a letter to the state’s five-member fiscal oversight panel.
SC auditor resigns after outside audit found $1.8 billion ‘surplus’ was actually an accounting error
South Carolina’s State Auditor George Kennedy resigned on Wednesday after an outside audit found what was thought to be a $1.8 billion surplus in the state’s budget was actually an accounting error.
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 ...
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 ...
Impeachment and investigation calls bubble against SC Treasurer Curtis Loftis amid SEC investigation
House Speaker Murrell Smith has pledged investigations into SC Treasurer Curtis Loftis' handling of a $1.8 billion accounting ...
Rep. Heather Bauer announces articles of impeachment against SC Treasurer
Representative Heather Baur will hold a press conference on Thursday to discuss the filing of articles of impeachment ...
$1.8 billion isn't missing after all in South Carolina but questions remain about accounting error
He did not address the statements from Grooms. South Carolina Treasurer Curtis Loftis, left, presents a check for ...
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South Carolina State Auditor resigns from office
COLUMBIA, S.C. (WSPA) – George Kennedy, South Carolina’s State Auditor, resigned from office Thursday. Kennedy, who has served in the position since October 2015, sent a letter of resignation to ...
South Carolina State Auditor resigns after 9-plus years in office
South Carolina State Auditor George Kennedy resigned from office Thursday in a letter to Gov. Henry McMaster and the State Fiscal Accountability Authority. In the letter, Kennedy, who has served in ...
Audit confirms South Carolina's $1.8B financial error largely nonexistent
COLUMBIA, S.C. — An audit of South Carolina's state finances finds that the puzzling $1.8 billion account mostly never ...
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 ...
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South Carolina’s ‘mystery’ $1.8 billion didn’t exist
One of the biggest conversation topics recently in South Carolina was the “mystery” $1.8 billion, reported to be found in a ...