SC auditor resigns following release of report on nonexistent $1.8B surplus
The state auditor for South Carolina announced his immediate resignation Thursday, just over a week after the release of a forensic report on an alleged $1.8 billion surplus.
WSPA2h
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 ...
southcarolinapublicradio3h
SC auditor tangled up in $1.8B accounting error resigns
State Auditor George Kennedy's resignation follows the 2023 resignation of former Comptroller General Richard Eckstrom.
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 ...
With SC’s finances under SEC investigation, lawmakers seek financial ‘babysitter’
An outside forensic auditing firm recommended the state hire a third-party compliance officer after determining most of a ...
SC taxpayers’ cost of fixing a $1.8B accounting blunder could keep growing
The bills continue to pile up as South Carolina legislators consider spending more money on a series of accounting snafus ...
Reforms coming after SC's $1.8 billion accounting error. Now the question is who to blame.
The SC Senate to discuss the future of the state's finances after it was discovered $1.8 billion in missing funds didn't ...
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 ...
Charleston City Paper6d
Pressure grows on Loftis to resign over $1.8 billion snafu
Statehouse leaders are calling for the resignation or impeachment of state Treasurer Curtis Loftis over a $1.8 billion ...
The Island Packet6d
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 ...
Accountants skeptical following South Carolina’s reveal of $1.8 billion money mystery
South Carolina’s mysterious $1.8 billion in a bank account doesn’t exist. That’s the answer to the nearly year-long questions ...
SC lawmakers split on what comes next after nonexistent $1.8 billion surplus
Opinions at the South Carolina State House are split on what consequences should come from a report one top lawmaker said ...