Money-laundering inquiry must judge whether corruption reached top of B.C. government
The gangs in China used private high-limit betting rooms, which B.C. casinos had built specifically for Chinese high rollers, to get rid of massive volumes of drug cash in Vancouver, Cullen heard.
the same Triad networks operating in B.C. casinos, had wired at least $166 million into B.C. branches of major Canadian banks. And, according to the case study, these transactions helped a corruption suspect from China and his daughter, a B.C. university student, purchase at least $32 million in Vancouver properties.
Cullen will need to consider why E-Pirate, believed to be Canada’s largest ever money-laundering investigation, ultimately fell apart, as problems with RCMP evidence disclosure surfaced in court and charges against a core group of suspects were dropped in late 2018, leaving a bloody path of deaths and violence that later threatened innocent people.
Cullen will also have to consider why a previously unknown RCMP anti-money laundering investigation — of the very same loan-sharking and high-rolling suspects — ran from 2010 to 2012 but didn’t advance.
December 23, 2021
https://globalnews.ca/news/8447095/cullen-commission-money-laundering-lookback/
'They turned a blind eye to it,' says Eby on release of damning German report into money laundering at B.C. casinos
Eby said he puts responsibility on the former B.C. Liberal government.
The B.C. government launched the German review in September 2017 over concerns about Chinese high-roller VIPs purchasing gambling chips with massive wads of cash that could be “proceeds of crime.”
June 28, 2018
https://vancouversun.com/news/local-news/b-c-government-to-release-casino-money-laundering-report/