Cullen told reporters today he hopes the commission’s report will be a turning point towards better addressing public concerns about money laundering. “Money laundering has, as its origin, crime that destroys communities — such as drug trafficking, human trafficking and fraud. The government he was in did a great deal to combat money laundering and those steps had an impact, he added. If the Province is to achieve success in the fight against money laundering, it must develop its own intelligence capacity in order to better identify money laundering threats.”There was also blame for the RCMP, which had paid little attention to money laundering and dedicated few resources to fighting it. “B.C.’s gaming industry is greatly changed from that which permitted extensive money laundering in British Columbia casinos between 2008 and 2018,” it said.

Source: CBC News June 16, 2022 16:51 UTC