B.C. to look into possible money laundering at casinos

Province will introduce an independent expert to review the issues.

British Columbia’s attorney general has announced a review of the province’s anti-money laundering policies after reading a report about a casino taking in $13.5 million that police said could be proceeds of crime.

The July 2016 report was commission by the former Liberal government, and David Eby says it should have been made public when it was completed.

Eby says he’ll announce the appointment of an independent expert to review if there are unaddressed issues of money laundering in Lower Mainland casinos.

The report says the majority of the cash is being presented by people commonly referred to as “high roller Asian VIP clients.”

It says the River Rock Casino in Richmond was known to have accepted single cash buy-ins in excess of $500,000.

A B.C. Lottery Corp. document says almost all recommendations in the report have been addressed though it’s awaiting more direction from the gaming policy enforcement branch on dealing with and refusing large, unsourced cash deposits.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Feds announce $8.3M to deal with ‘ghost’ fishing gear in B.C. waters

Three projects on the North Coast awarded funding

VIA Rail lays off 1,000 unionized workers across the country

Northern B.C. route Jasper to Prince George to Prince Rupert is not affected by VIA Rail layoffs

Hagensborg Water District purchases new fire truck; prepares for conversion to CCRD

Approximately $1.3 million of the district’s infrastructure grant has been transferred to the CCRD.

Nuxalk Nation receives over $4 million in funding for Big House

The funding is joint federal, provincial and municipal and will support 24 infrastructure projects

Amber Alert for two Quebec girls cancelled after bodies found

Romy Carpentier, 6, Norah Carpentier, 11, and their father, Martin Carpentier, missing since Wednesday

B.C. man prepares to be first to receive double-hand transplant in Canada

After the surgery, transplant patients face a long recovery

Grocers appear before MPs to explain decision to cut pandemic pay

Executives from three of Canada’s largest grocery chains have defended their decision to end temporary wage increases

Bringing support to Indigenous students and communities, while fulfilling a dream

Mitacs is a nonprofit organization that operates research and training programs

Northern B.C. First Nations call for reversal of grizzly bear hunting ban

Growing grizzly populations have led to fewer ungulates and increased fear of attacks says Chad Day

RCMP ‘disappointed’ by talk that race a factor in quiet Rideau Hall arrest

Corey Hurren, who is from Manitoba, is facing 22 charges

NHL’s Canadian hubs offer little economic benefit, but morale boost is valuable: experts

Games are slated to start Aug. 1 with six Canadian teams qualifying for the 24-team resumption of play

‘Made in the Cowichan Valley’ coming to a wine bottle near you

Cowichan Valley has the honour of being the first sub-GI outside of the Okanagan

Most Read