No federal RCMP officers are dedicated to money laundering in B.C., report reveals

by - 2 min read

No federal RCMP officers are dedicated to money laundering in B.C., report reveals

by - 2 min read


B.C. doesn’t have a single federal RCMP officer dedicated to investigating money laundering, according to the latest provincial report on the issue.

Peter German, a former Mountie, was asked to look into why so few money laundering cases have been prosecuted in B.C., despite allegations that the practice is widespread in the province.

German says the only RCMP resources dedicated to money laundering in B.C. are provincially funded or operating under the provincial policing agreement. His latest revelation was made public Monday morning.

“We have accelerated the release of this portion of the report so that the federal government and the public are aware of what is happening to police the international crime groups laundering money through our provincial economy,” Attorney General David Eby said in a news release.

“What is happening is nothing.”

Eby was set to speak to media Monday at 11 a.m. PT about the initial, partial release of German’s latest report.

According to German, the RCMP’s money laundering team is more than three-quarters unstaffed. The five officers who belong to the Federal Serious Organized Crime branch are all assigned to refer potential criminal cases to B.C.’s Civil Forfeiture Office.

German, a former RCMP deputy commissioner, has focused on potential links between criminal enterprises and the real estate, horse racing and luxury car industries in his latest report.

B.C. Attorney General David Eby and Peter German at the release of German’s report, Dirty Money, in Vancouver on June 27, 2018. (Yvette Brend/CBC)

He was asked to look at these sectors after he concluded his review last June on money laundering in Lower Mainland casinos.

Last year, German’s first report said B.C. casinos “unwittingly served as laundromats” for the proceeds of crime.

As part of the review, German put forward 48 recommendations to fix the problem — which he says was apparent to officials as far back as 2011.

The province has said work continues on addressing all remaining recommendations from German’s first report, including analyzing options to create dedicated policing resources for gambling and money laundering, creating a model for an independent regulator and clarifying the roles of the regulator and the B.C. Lottery Corporation.

This story originally appeared on CBC