REPORT: Money laundered through B.C. casinos for years

B.C. attorney general reviewing report aimed at ending money laundering

British Columbia’s attorney general says a report on money laundering makes clear that proceeds of crime have been laundered through the province’s casinos for many years.

RELATED: Track cars bought for cash, money laundering investigator says

David Eby says in a news release he’s reviewing the report by former RCMP deputy commissioner Peter German and it will provide a strong foundation to make effective decisions aimed at ending the illegal activity.

Eby says the report makes 48 recommendations and he will provide a fuller response at a later date.

The attorney general was in Ottawa last week to discuss the issue of money laundering with members of the House of Commons finance committee.

RELATED: Cash rules tightened for B.C. casinos

Eby has called for more resources to help police follow up on leads identified by the Financial Transactions and Reports Analysis Centre of Canada, an independent agency tasked with detecting, preventing and deterring money laundering.

He also wants the purchase of luxury cars tracked in areas including the Lower Mainland, saying the practice can be used to reintroduce illegal cash into the economy.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Local leaders of all ages honoured at National Philanthropy Day event

Awards in six categories given to Victoria residents who are leaders in giving back

BC Minister of Agriculture loses stepson to accidental overdose

Lana Popham announces death of her 23-year-old stepson, Dan Sealey

Fill the railcar to help feed Victoria’s homeless

A community food drive for the Salvation Army

Get your pet on the jumbotron at this weekend’s Royals game

Victoria Royals host the Regina Pats Saturday night 7:05 p.m.

‘Toxic’ chosen as the Word of the Year by Oxford Dictionaries

Other top contenders for 2018 include ‘gaslighting’ and ‘techlash’

Unique technology gives children with special needs more independent play

UVic’s CanAssist refined seven prototypes aided by $1.5M government contribution

Greater Victoria holiday craft fair roundup for Nov. 16 to 18

Check off all of the items on your shopping list at these great events

Greater Victoria Crime Stoppers wanted list for the week of Nov. 14

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

Canadian military’s template for perfect recruits outdated: Vance

Gen. Jonathan Vance, the chief of defence staff says that the military has to change because the very nature of warfare is changing, particularly when it comes to cyber-warfare

RCMP bust illegal B.C. cannabis lab

Marijuana may be legal but altering it using chemicals violates the Cannabis Act

Canada defeats Germany 29-10 in repechage, moves step closer to Rugby World Cup

Hong Kong needs a bonus-point win over Canada — scoring four or more tries — while denying the Canadians a bonus point

Avalanche Canada in desperate need of funding

The organization provides avalanche forecasting for an area larger than the United Kingdom

B.C. teacher’s Amazing Race takes students on Canada-wide adventure

Agassiz high school students say they had the experience of a life time

Don’t sign USMCA until LGBTQ language excised, U.S. lawmakers urge Trump

The trade agreement, forged after 13 months of tense negotiations between Canada and the U.S. is scheduled for Nov. 30

Most Read