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The Island News

Larry Grooms

SC senator wants misplaced $1.8B kept in ‘lockbox’ earning interest until mystery solved

March 6, 2024
News

Mystery money earned $194M in interest since 2017 while sitting in an account where it doesn’t belong By Jessica Holdman SCDailyGazette.com COLUMBIA

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The office building on the S.C. Statehouse grounds that houses the offices of state Treasurer and Comptroller General. Lawmakers are demanding answers from the state’s financial agencies about $1.8 billion of taxpayers’ money sitting untouched in a bank account where it doesn’t belong. Jessica Holdman/S.C. Daily Gazette

SC leaders don’t know why or how state has $1.8B sitting in wrong bank account

February 22, 2024
News

By Jessica Holdman SCDailyGazette.com COLUMBIA — South Carolina has $1.8 billion of taxpayer funding sitting untouched in a bank account where it

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  • News
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    • Charles Schwab
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  • Health
  • Education
  • Sports
  • Military
    • Larry Dandridge
  • Voices
    • Bill Rauch
    • Lee Scott
    • Letters to Editor
    • Scott Graber
    • Terry Manning
  • Local Events
  • Advertising Info