(Columbia, SC) – House Speaker Jay Lucas (District 65-Darlington) issued the following statement in response to the Legislative Audit Council’s (LAC) report of the South Carolina Retirement System Investment Commission (RSIC).
Tag: South Carolina Retirement System Investment Commission
South Carolina Treasurer Curtis Loftis confirmed yesterday that he will seek re-election to his current office ending any speculation about his candidacy for governor in 2014.
This is important news for the citizens of South Carolina. Loftis brings openness, integrity and accountability to the job. He has been especially vigilant in attempting to end the secrecy and questionable practices of the S.C. Retirement System Investment Commission, of which he is a voting member.
Those efforts to reform the SCRSIC made Loftis the target of an attempted political smear campaign in late 2011 featuring “leaked documents” and bogus claims of a supposed kickback scheme by two investment firms with close connections to, then, retirement system CEO Robert Borden.