South Carolina State Treasuer Suspended After Indictment on Drug Charges - Thomas Ravenel

Wow! This is a strange one. We've seen plenty of politicians doing stupid things, but selling drugs, at the state level? If true, this one could be really bad folks. Here's more from WLTX - link includes video clip:

South Carolina Treasurer Thomas Ravenel has been suspended from office, following his indictment by a federal grand jury for distribution of cocaine.
"Given the grave nature of these charges and what is alleged in this indictment, we're left with no choice but to suspend Treasurer Ravenel immediately," Governor Mark Sanford said in a written release. "These are obviously very serious allegations that we're constitutionally bound to act upon, and they'll ultimately be decided by the courts."
The governor quoted Article VI, Section 8 of the South Carolina Constitution, giving him the power to suspend statewide, county or city officials indicted on criminal charges for crimes of "moral turpitude," generally understood to mean crimes that involve acts of fraud, deception or other morally culpable conduct.
The indictments accuse Ravenel, 44, and Michael Miller, 25, of distributing less than 500 grams of cocaine starting in late 2005. They're officially indicted on charges of conspiracy to possess and intent to distribute.
Officials say Ravenel bought the drugs from Miller to share with other people. U.S. Attorney Reggie Lloyd says Ravenel didn't sell any of the drugs. Lloyd says the investigation is just beginning.