The South Carolina Retirement System Investment Commission was determined to have shown “no criminal conduct or wrongdoing” after an investigation by the state’s Inspector General.

The commission faced accusations of potential malfeasance, allegations leveled by State Treasurer Curtis Loftis, who is also a commission member. The commission — referred to in court documents as the RSIC — handles $27.3 billion in investments for the retirement system. The case was divided into six categories:

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