South Carolina Treasurer Curtis Loftis wants the chairman of the board that invests public workers' pension money to step aside while investigators look into a complaint against him.
COLUMBIA, S.C. (AP) -- South Carolina Treasurer Curtis Loftis wants the chairman of the board that invests public workers' pension money to step aside while investigators look into a complaint against him.
But Retirement System Investment Commission Chairman Reynolds Williams calls the request absurd.
The commission is meeting behind closed doors Thursday to discuss Loftis' request and the real estate investment it involves.
The treasurer asked the state attorney general on July 3 to investigate allegations that Williams benefited from a commission investment. The attorney general's office forwarded the complaint to the State Law Enforcement Division and the State Ethics Commission.
Before going into executive session, the board voted unanimously to support the investigations, specifying that Reynolds has a right to a fair hearing by an outside entity.
Reynolds says he did nothing wrong.
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