The Latest Breaking News from Richard Eckstrom

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

COLUMBIA, S.C. — South Carolina’s top accountant Richard Eckstrom says he will resign effective April 30 after disclosing to state lawmakers that he inflated the state’s cash balances for a decade, eventually reaching about $3.5 billion.

Tribune News Service · Mar 23, 2023

South Carolina's comptroller quits after a $3.5 billion accounting error

Republican Comptroller General Richard Eckstrom's decision to leave the post he has held for 20 years came after scrutiny of his performance following the blunder in a year-end financial report.

WEKU · Mar 23, 2023

South Carolina legislature considering amendment to make comptroller an appointed rather than elected position

South Carolina legislators are considering a constitutional amendment to make the state comptroller appointed by the governor rather than elected. If passed by both chambers of the legislature, it would appear on the 2024 ballot for voter approval.

Ballotpedia · Mar 23, 2023