South Carolina's Top Accountant Resigns Over $3.5B Error.

1 min read
Source: NBC News
South Carolina's Top Accountant Resigns Over $3.5B Error.
Photo: NBC News
TL;DR

South Carolina's Republican Comptroller General Richard Eckstrom will resign next month after a $3.5 billion error in the year-end financial report he oversaw. The Senate panel investigating the financial misstatement issued a damning report last week accusing Eckstrom of “willful neglect of duty.” The governor accepted the resignation, effective April 30. The Senate report concluded that Eckstrom was solely responsible for the mapping error, which happened during the state’s transition to a new internal information system from 2011 to 2017.

Share this article

Want the full story? Read the original reporting

Read on NBC News