Columbia County B.Y.O.B. Finances

OPINION by The Arrowflinger

What you are about to hear in this poor quality audio recording is the last three minutes of The Austin Rhodes Show of Friday, May 18, 2018. Your arrowflinging protector shook things up, more than a little, one might think.

When GB&T bank board members Rick Allen and James G. Blanchard were mentioned in the present tense, it was in the context of a meeting with law enforcement several years ago, before the bank merged with South State Bank and that Board of Directors was disbanded. Also, neither was a voting member of the Board with management oversight.

As to former Columbia County Commissioner Scott Dean, who was the acting chairman of the county finance committee, he actually did not object AT THE AWARD MEETING, but just listen to what he said in making the astounding motion to let Ron Cross and Charlie Allen vote!

Dean’s conviction was on charges unrelated to this banking vote. Judge Blanchard being the judge who put him in prison and would not grant a retrial despite recanted testimony is more a demonstration of how weird events get twisted in Columbia County. The Arrowflinger tried to get Judge Blanchard, a former family business partner, to discuss this ugly banking matter back in 2014, but somehow we had trouble connecting. There is more there, perhaps, for a later date.

With respect to Edward J. Tarver, he was a member of the GB&T Audit Committee in 2008 and 2009, before becoming the US Attorney on December 17, 2009. Tarver had audit responsibility for the 2008 Financial Statements, which later became the basis for the Columbia County bank selection in April 2010. About a month before his nomination, The United States Securities and Exchange Commission sent the GB&T Chief Financial Officer Darrell Raines a letter expressing questions, possibly requiring a restatement of those 2008 financials.

Imagine that! A sitting US Attorney’s immediately preceding bank Audit Committee work was questioned by the SEC! None of this seems to have dawned on Columbia County Finance. Or did they know? Or did one of them know?

As for Rick Allen, perhaps he can confer with his cousins who owned 40% of GB&T and his brother, the GB&T shareholder who delivered the bank a timely $100 million cash infusion and draft a banking bill like he wrote about in the Augusta Chronicle last year. We have the perfect title. We can call it the Rick Allen B.Y.O.B bill…..BAIL OUT YOUR OWN BANK bill.

-AF

 

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