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Former cabinet minister says BC Liberal government took money laundering seriously
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Former cabinet minister says B C Liberal government took money laundering seriously - BC News
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It has been very frustrating to, candidly, hear commentary that the government was disinterested in the subject, or the minister responsible was disinterested in the subject of anti-money laundering because fiscal considerations took considerations, took precedence, and that s just not true, he said.
The public inquiry has heard testimony from gaming investigators who suspected organized crime groups were allegedly providing large cash loans to casino patrons as part of a money laundering scheme.
The government appointed B.C. Supreme Court Justice Austin Cullen in May 2019 to lead the public inquiry into money laundering after three reports outlined how hundreds of millions of dollars in illegal cash affected B.C. s real estate, luxury vehicle and gaming sectors.
Former cabinet minister says B.C. Liberal government took money laundering seriously
B.C. Liberal leadership candidate Mike de Jong speaks during the first leadership debate in Surrey, B.C., Sunday, Oct. 15, 2017. British Columbia s former finance minister says piling up gaming profits at the B.C. Lottery Corp. did not take priority ahead of growing concerns about money laundering at provincial casinos. THE CANADIAN PRESS/Darryl Dyck April 23, 2021 - 10:19 PM
VANCOUVER - A former finance minister says generating higher gaming revenues at the British Columbia Lottery Corp. did not take priority ahead of concerns about money laundering at provincial casinos.
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A former finance minister says generating higher gaming revenues at the British Columbia Lottery Corp. did not take priority ahead of concerns about money laundering at provincial casinos.
Mike de Jong told a public inquiry Friday that serious efforts were made to understand and address money laundering.
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“It has been very frustrating to, candidly, hear commentary that the government was disinterested in the subject, or the minister responsible was disinterested in the subject of anti-money laundering because fiscal considerations took considerations, took precedence, and that’s just not true,” he said.
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