Financial scandal: $1.7 billion found in unknown state account in South Carolina. "That doesn't exactly inspire confidence," says Governor Henry McMaster.
It's not the first glitch in the state's accounting system. The chief auditor resigned last year after it emerged that his office had double-entered funds into college accounts. "The good news is that no money was lost," says Gov. Henry McMaster, R. "There's no reason to rush into spending it," said Governor McMaster.