Bid opens to fire SC comptroller for $3.5B accounting error

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Bid opens to fire SC comptroller for $3.5B accounting error
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South Carolina lawmakers have launched an effort to sack the comptroller general for a $3.5 billion accounting error that could affect the state's credit rating.

by overstating the amount the state had sent to colleges and universities for a decade. He has signaled he won't resign.

The constitution allows Eckstrom a hearing in his own defense, although the exact procedure isn’t clear. Several senators couldn’t remember this process being used since it was added to the constitution more than 50 years ago. Grooms said the legislature needs to act because Eckstrom isn't doing"the honorable thing" and resigning.

The error started as a $12 million coding error in 2007 and was compounded when the state switched accounting systems in 2011, Eckstrom told senators at hearings in the past few weeks. Eckstrom said he would support a constitutional amendment making his job appointed by the governor instead of elected, but in the meantime “I will not be distracted by anyone from the work ahead of us, work voters elected me to do during this term.”

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