SC investment board takes up bullying report

By JEFFREY COLLINSAssociated Press

COLUMBIA, S.C. (AP) - The chairman of the board that invests pension money for South Carolina workers says state Treasurer Curtis Loftis is bullying his staff with vulgar language and threats.

The Retirement System Investment Commission is meeting Friday to discuss an anti-bullying policy.

Board Chairman Reynolds Williams said Chief Operating Officer Darry Oliver reported abuse. Oliver says Loftis' tirade of foul language and names on a Sept. 30 call was so bad he had to pull over to regain his composure.

Loftis is also a member of the board, which makes investments for the state's $27 billion pension portfolio. He made a motion to discuss the report behind closed doors but left the meeting angrily after that request failed.

In a statement issued moments later, Loftis said he was undeterred by "personal attacks."

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.