Comptroller General Richard Eckstrom — who notably brandished an “Accounting for Dummies” book at a new hire’s introduction meeting in 2009 — will step down next month…
The top state accountant for South Carolina submitted his resignation Thursday after he was found responsible for a $3.5 billion error and was facing a potential removal from office.” book at a new hire’s introduction meeting in 2009 — will step down next month after a Senate panel investigating the error accused him of “willful neglect of duty.”
The 74-year-old Republican comptroller said the financial report double counted the money sent to colleges and universities, which in turn overestimated South Carolina’s cash balances — for a whole decade. A junior staffer caught the $3.5 billion error made by Eckstrom, who brandished “Accounting for Dummies” at a meeting in 2009.The State Senate was set to vote on a measure to oust Eckstrom from the elected position on April 11.
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