South Carolina's top accountant to resign after $3.5 billion error

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South Carolina's top accountant to resign after $3.5 billion error
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The Senate panel investigating the incident issued a damning report last week accusing him of 'willful neglect of duty.'

Comptroller General Richard Eckstrom speaks as he celebrates his election win during celebration at the University of South Carolina Alumni Center in Columbia on Tuesday, Nov. 8, 2022.

"I have never taken service to the state I love or the jobs to which I have been elected lightly, endeavoring to work with my colleagues ... to be a strong defender of the taxpayer and a good steward of their hard-earned tax dollars," Eckstrom wrote in the letter to South Carolina Gov. Henry McMaster. "They deserve nothing less.

Officials have said the overstatement did not affect the state budget. But lawmakers alarmed by Eckstrom's inconsistent testimony slammed his failure to fulfill one of his primary constitutional duties: to publish an accurate account of state finances. Grooms thanked Eckstrom for doing the "honorable thing" and sparing the General Assembly from using an obscure state constitutional provision to remove him from office.

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