South Carolina Treasurer Loftis Censured by Pension Board

Six investment commissioners retaliated against Loftis’ criticisms, condemning him for waging a smear campaign.

The South Carolina Retirement System Investment Commission voted to censure State Treasurer Curtis Loftis Jr. at the agency’s quarterly meeting in Columbia, the capital, Thursday.

Six of the seven commissioners have voting rights, and five of the six passed a motion to condemn and censure Loftis for “engaging in false, misleading and deceitful rhetoric” against the commission.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related