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Reform UK treasurer Nick Candy’s start-up fund lost £100mn over a decade

Nick Candy, the treasurer of Nigel Farage’s Reform UK, has racked up more than £100mn of financial losses backing a number of failed ventures including an augmented reality start-up and a high fashion house. The property developer behind luxury Knightsbridge apartment block One Hyde Park — which has been a magnet for oligarchs, pop stars … Read more

South Carolina senators are trying to give their state treasurer the boot over a $1.8 billion accounting error

COLUMBIA, S.C. (AP) — South Carolina’s Republican-dominated Senate and its elected Republican treasurer faced off Monday in an extraordinary hearing as senators try to kick state treasurer Curtis Loftis out of office over a $1.8 billion accounting error. The hearing is the culmination of over two years of investigation by the Senate that started when state accountants … Read more

A $1.8 billion accounting error snowballed over 10 years in South Carolina—and could cost the state’s treasurer his job

For the first time in over two centuries as a U.S. state, South Carolina lawmakers are going to try to remove a statewide elected official from office. The Republican-dominated Senate on Wednesday decided to hold a hearing to decide if Republican state Treasurer Curtis Loftis should be removed from office over a $1.8 billion accounting error and then failing … Read more

North Carolina Proposes Bill To Allow State Treasurer To Invest In Digital Assets

North Carolina is moving toward embracing digital assets as part of its investment strategy with a new legislative proposal. The NC Digital Assets Investments Act (HB 92) aims to permit the state treasurer to allocate public funds to “qualified” digital assets. Under the bill, introduced by House Speaker Destin Hall on 10 February 2025, digital … Read more

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