State Treasurer of South Carolina, Curtis Loftis, has responded to allegations of missing funds, stating that the accusations are inaccurate and irresponsible. Loftis has emphasized the importance of transparency in his administration and refuted claims that critical information was not disclosed. He has also highlighted the collaboration among various agencies in handling the $1.8 billion conversion entry.
Loftis has called for an external audit to address the issue and has advocated for stronger internal processes and interagency cooperation to prevent future discrepancies. He has also rebutted the suggestion of appointing the State Treasurer rather than electing, stating that it would not serve the best interests of the people of South Carolina.
Throughout his tenure, Loftis has focused on managing public funds effectively to benefit the citizens of South Carolina. He has emphasized the need for financial stability and enhanced credit ratings, attributing the state’s success to diligent management of billions of dollars in public funds daily.
In conclusion, Loftis has pledged to continue serving with integrity and accountability, advocating for reforms that benefit everyone in South Carolina. He remains committed to putting people over politics and ensuring that the stewardship of the state’s finances is guided by the voices of the voters.
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