The Republic of South Carolina, treasurerCortis LoftsIt seems likely to stay in office for the rest of the year.
The Republican House of Representatives decided not to eatresolutionThe Senate approved him to expel Loftis from his position because of his role in a $ 1.8 billion Phantom account that appeared in the state’s books, but he hardly had any real money in it and not reporting the lawmakers for years.
The Senate sent the decision to remove Loftis to the House of Representatives on April 21. Murrell Smith Speaker said that there is not enough time to use it before the session ended on May 8.
Smith told “Smith”South Carolina Public Radio.
Loftis Open to run for five years leaves five years in 2026. One of his arguments to stay in office was not fair to purify the election results.
“I am grateful for the decision of the House of Representatives to choose today to choose people’s actions on the political stage. I am sure South Caroline are grateful because they are the first priority, and political games are not.
Senate 33-8 voted to remove Loftis after an exceptional hearing with 23 Republicans who vote yes. It was the culmination of more than two years of investigation by the members of the Senate, which began when accountants in the states exaggerate the money granted to colleges and universities at $ 3.5 billion.
This led to the discovery of an error in the account that started a decade ago when the state was changing from another accounting system. If the accountants are not able to balance the entries in the two books collections, where they transferred thousands of accounts with different definitions, continue to add them to a special account year after year until it growsTo $ 1.8 billion.
It took it from criminal accountants, who paid millions of dollars as fees, to finally reveal that almost all the money wasNot real moneyBut just the accumulation of errors.
Loftis called on the Senate Achievement A.The charming chase. He said again and againHe did not lose any moneyThe mistakes were not made in his office, although others have seen differently. The treasurer said that continuing to focus on errors threatens to classify strong credit of the state.
Just because eight of the Republican Senate members voted against the decision, it does not mean that they return to Loftis. The majority of the Senate Leader, Shin Massi, said that he simply believed that his fellow members of the Senate had not done a strong situation enough to remove him from his position.
“I will vote for a monkey on the Cortis Luftis. I think he does not have the work of the treasurer and I hope that the Republicans will put a good candidate to run against him,” Massi said.
This is the first year of a two -year session, and therefore the Loftis Destination decision, which is currently in the House of Representatives Committee, will survive when legislators return to Colombia in 2026.
Submission for positions will start next March with the Republican preliminary elections for the treasury secretary, the ruler and other offices at the state level that takes place in June.
This story was originally shown on Fortune.com
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