SC Pension Commissioners : Treasurer Curtis Loftis "Bullied And - WSPA.com

SC Pension Commissioners : Treasurer Curtis Loftis "Bullied And Threatened" Staff

Posted: Updated:
SC Treasurer Curtis Loftis accused of bullying staff members SC Treasurer Curtis Loftis accused of bullying staff members
COLUMBIA, S.C. - Just two days after South Carolina Treasurer Curtis Loftis told 7 On Your Side about what he thought were wasted fees and poor returns on the state's $25 Billion pension fund, a special called meeting of the Retirement System Investment Commission discussed an "anti-bullying" policy directed at Loftis.

The commission released a statement saying Loftis bullied staff with "vulgar language and threats".

In the statement, the commission said it was "placed in this position due to the completely unacceptable actions of one commissioner."

After the meeting, commission Chief Operating Officer Darry Oliver resigned and was replaced by former State Senator Greg Ryberg.

Lofits left the meeting as the chairman began to discuss a phone call, which he said took place September 30th, in which Loftis used foul language and intimidation against Oliver.

The commission statement said it regretted the loss of Mr. Oliver but "we completely understand his unwillingness to suffer further abuse."

After leaving the meeting, Loftis issued his own statement saying it was Oliver who threatened him saying, "I'm coming after you with everything I have."

Loftis called the meeting a "manufactured controversy".

Loftis was censured in February for what the commission called "similar behavior".

To see the entire video of the meeting, click here.  Warning : there is foul language in the video.

To see 7 On Your Side's other coverage of the commission's fees from earlier in the week, click here.
  • Top StoriesTop StoriesMore>>

  • Union Sheriff: Judicial System Failing Citizens After Robbery Arrests

    Union Sheriff: Judicial System Failing Citizens After Robbery Arrests

    Wednesday, April 23 2014 3:47 PM EDT2014-04-23 19:47:03 GMT
    Porshia Gage, 23 and Matthew Williams, Jr., 26Porshia Gage, 23 and Matthew Williams, Jr., 26
    Several law enforcement agencies across the Upstate say they have two suspects in custody who were involved in a string of armed robberies in at least 10 jurisdictions dating back about one month.
    Several law enforcement agencies across the Upstate say they have two suspects in custody who were involved in a string of armed robberies in at least 10 jurisdictions dating back about one month.
  • No Suspension For Simpsonville Mayor Eichor Until May

    No Suspension For Simpsonville Mayor Eichor Until May

    Wednesday, April 23 2014 2:27 PM EDT2014-04-23 18:27:21 GMT
    Simpsonville Mayor Perry Eichor won't be suspended from office by Governor Haley until at least next month. The governor indicated she would suspend Eichor once she got indictments against him.
    Simpsonville Mayor Perry Eichor won't be suspended from office by Governor Haley until at least next month. The governor indicated she would suspend Eichor once she got indictments against him.
  • Gaffney Woman Dies From Vehicle Crash Injuries

    Gaffney Woman Dies From Vehicle Crash Injuries

    Wednesday, April 23 2014 11:15 AM EDT2014-04-23 15:15:32 GMT
    The Cherokee County Coroner says a 73-year-old Gaffney woman injured in a car accident last week has died.The Cherokee County Coroner says a 73-year-old Gaffney woman injured in a car accident last week has died.
    The Cherokee County Coroner says a 73-year-old Gaffney woman injured in a car accident last week has died. Coroner Dennis Fowler says Rachel Lail Smith died Tuesday night at 10 at Spartanburg Regional Medical Center.
    The Cherokee County Coroner says a 73-year-old Gaffney woman injured in a car accident last week has died. Coroner Dennis Fowler says Rachel Lail Smith died Tuesday night at 10 at Spartanburg Regional Medical Center.
Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.