Former high-ranking Mountie to head B.C. anti-money-laundering probe
Attorney General David Eby appointed a former GRC official to lead the province's review of money laundering and the gambling industry.
Peter German, a lawyer and former deputy commissioner of the RCMP and the Correctional Service of Canada, will lead the investigation, which will focus on the Lower Mainland.
German is also the author of the "Money Laundering Act Manual of Canada," according to a government press release.
The province has stated that the independent review will evaluate BC anti-money laundering policies and practices in the gaming industry.
It will also make recommendations for reform, if necessary, the statement said.
The review follows a report condemned for 2016, commissioned by the former Liberal government of British Columbia, but was not released until last week.
This document, produced by accounting firm MNP LLP, found disturbing irregularities at Richmond's River Rock casino, including acceptance of individual cash purchases of more than half a million dollars.
The report, which is not a comprehensive review, has made a number of recommendations that have not been implemented, including how casinos should deny unfunded cash deposits over a certain amount.
The report also shows that the majority of cash presented in casinos comes from players commonly known as "high-profile VIP customers in the United States."
However, the criticism itself attracted some criticism, including that it focused on a single casino instead of a representative section of the gambling houses and that MNP had commercial links with one of River Rock's competitors .
Peter German, a lawyer and former deputy commissioner of the RCMP and the Correctional Service of Canada, will lead the investigation, which will focus on the Lower Mainland.
German is also the author of the "Money Laundering Act Manual of Canada," according to a government press release.
The province has stated that the independent review will evaluate BC anti-money laundering policies and practices in the gaming industry.
It will also make recommendations for reform, if necessary, the statement said.
The review follows a report condemned for 2016, commissioned by the former Liberal government of British Columbia, but was not released until last week.
This document, produced by accounting firm MNP LLP, found disturbing irregularities at Richmond's River Rock casino, including acceptance of individual cash purchases of more than half a million dollars.
The report, which is not a comprehensive review, has made a number of recommendations that have not been implemented, including how casinos should deny unfunded cash deposits over a certain amount.
The report also shows that the majority of cash presented in casinos comes from players commonly known as "high-profile VIP customers in the United States."
However, the criticism itself attracted some criticism, including that it focused on a single casino instead of a representative section of the gambling houses and that MNP had commercial links with one of River Rock's competitors .
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