South Carolina comptroller to step down following $3.5B accounting error.

TL;DR Summary
South Carolina comptroller general, Richard Eckstrom, is set to resign next month after a $3.5bn accounting error in the year-end financial report he oversaw. The error, which was undetected for nearly 10 years until its discovery by a staffer last year, placed Eckstrom under a harsh spotlight. State house lawmakers called for an impeachment inquiry. A state senate panel investigated the error and issued a damning report last week, suggesting Eckstrom resign or face removal “for willful neglect of duty”.
Topics:nation#accounting-error#impeachment-inquiry#politics#resignation#richard-eckstrom#south-carolina
- South Carolina comptroller to resign over $3.5bn accounting error The Guardian US
- South Carolina comptroller to resign after $3.5B error Yahoo News
- Top SC accountant, in office 20 years, to resign after overstating state budget by $3.5B Fox News
- After $3.5 billion mistake, South Carolina's top accountant to resign, officials say WYFF4 Greenville
- Senators want governor to appoint comptroller after $3.5B error News 19 WLTX
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
73%
298 → 80 words
Want the full story? Read the original article
Read on The Guardian US