Money Laundering: "The Vancouver Model"

[whatnext]

Originally Posted by CivicBlues

Conservative Party of Canada? Or is everyone who doesn't agree with you 100% is a bot or shill of some sort?

Hate to break it to you but I voted NDP last federal election.

Think further East, shouldn't be hard.

[CivicBlues]

CPC is the official abbreviation of the Conservative Party of Canada Since this is a Canadian forum board this is naturally what you're referring to right? It's certainly not any other nation you're obsessed with?

[misher]

Originally Posted by Migrant_Coconut

I also hope that misher rereads and notes that Horgan lobbied for gambling. There's nothing there about money laundering.

Isn't gambling=money laundering these days?

[officedweller]

CPC = Canada Post Corporation, to me.
so "CPC bots" could mean - "going postal"?

[misher]

https://news.gov.bc.ca/releases/2019PREM0052-000958

The Commission of Inquiry into Money Laundering in British Columbia will deliver an interim report within 18 months and a final report by May 2021.

Less than 4 months before the next election....seriously using the timing as a political weapon. No wonder they dragged their feet for two years on starting this.

[Migrant_Coconut]

Originally Posted by misher

Isn't gambling=money laundering these days?

Ignoring whatnext, I don't see anybody making that argument. There's plenty of legit gambling going on too.

[misher]

Originally Posted by Migrant_Coconut

Ignoring whatnext, I don't see anybody making that argument. There's plenty of legit gambling going on too.

Yeah and for some reason everyone forgets casinogate. People keep saying that we need an inquiry and maybe there will be evidence of corruption. But we have the NDP who have actually had criminal charges filed against them from their actions with casinos and were found to have breached conflict of interest laws.

[Migrant_Coconut]

Originally Posted by misher

Yeah and for some reason everyone forgets casinogate. People keep saying that we need an inquiry and maybe there will be evidence of corruption. But we have the NDP who have actually had criminal charges filed against them from their actions with casinos and were found to have breached conflict of interest laws.

But that was Glen Clark, and he resigned and was (somewhat) acquitted later. What's Horgan's cabinet got to do with that?

[misher]

Originally Posted by Migrant_Coconut

But that was Glen Clark, and he resigned and was (somewhat) acquitted later. What's Horgan's cabinet got to do with that?

I mean if we’re talking about blame for money laundering and working with casinos isn’t the party whose had actual criminal charges in the past whose premier is a gambling advocate a lot more suspicious.

[Migrant_Coconut]

Originally Posted by misher

I mean if we’re talking about blame for money laundering and working with casinos isn’t the party whose had actual criminal charges in the past whose premier is a gambling advocate a lot more suspicious.

Was Horgan turning a blind eye to it like the Liberals were? I don't blame one administration for the failings of different people in their last administration twenty years ago. Glen Clark already got his turn - now it's Christy's.

[misher]

Originally Posted by Migrant_Coconut

Was Horgan turning a blind eye to it like the Liberals were? I don't blame one administration for the failings of different people in their last administration twenty years ago. Glen Clark already got his turn - now it's Christy's.

We say blind eye but there’s no evidence of substantial increases of people using casinos to launder money. The recently realeased report went back to 2016 and didn’t show any increase plus it showed that money laundered in BC per a person is less than other provinces.

[CanSpice]

Originally Posted by misher

https://news.gov.bc.ca/releases/2019PREM0052-000958



Less than 4 months before the next election....seriously using the timing as a political weapon. No wonder they dragged their feet for two years on starting this.

Oh for crying out loud, you got beaten up on Reddit for this nonsense, and you're just peddling it here because it's lower traffic.

[Migrant_Coconut]

Originally Posted by misher

We say blind eye but there’s no evidence of substantial increases of people using casinos to launder money. The recently realeased report went back to 2016 and didn’t show any increase plus it showed that money laundered in BC per a person is less than other provinces.

Laundering started becoming a problem when Campbell was in charge. There's evidence of Christy's administration burying reports and firing investigators. I'm saying "blind eye" instead of "coverup" only because we're still learning who was responsible for what.

The very authors of the report dispute the provincial metric (and it is just a metric) - it goes by GDP and crime rates, Alberta reports more of both, so of course Alberta is going to have "more" laundering. Again:

“The relatively high estimates of money laundering in Alberta and the Prairies may be surprising,” it continued. “Based on the discussion of limitations to the model set out earlier, these results likely arise from the importance placed on crime rates and GDP levels.”

“Relative crime rates have been rising in Alberta and the Prairies while falling in some other jurisdictions and, until oil prices fell in 2015, Alberta and Saskatchewan GDP were also relatively high.”

“If money laundering in Alberta and the Prairies have been overestimated by the model, that implies that money laundering in B.C., Ontario and Quebec have likely been underestimated,” it concluded.

Duhaime said using economic models to estimate the amount of money laundering in a given jurisdiction can give a baseline, but added it doesn’t appear the estimates factored in things like Vancouver’s high levels of organized crime, its fentanyl trade and the amount of dirty money stashed in the real estate market.

“All of those things that are unique to Vancouver — I don’t think they factored that in, just (based on) the rest of the report.”

[misher]

Originally Posted by Migrant_Coconut

Laundering started becoming a problem when Campbell was in charge. There's evidence of Christy's administration burying reports and firing investigators. I'm saying "blind eye" instead of "coverup" only because we're still learning who was responsible for what.

The very authors of the report dispute the provincial metric (and it is just a metric) - it goes by GDP and crime rates, Alberta reports more of both, so of course Alberta is going to have "more" laundering. Again:

Ok I'll admit that this looks bad. But also money laundering is federal and the Libs commissioned this report. Whose to say what they did with it. Maybe they handed it off the the Fed Liberals and said hey can you do something? Honestly I'm not sure if the new NDP rules were a solution to this or just look like they may have an effect.

We had at least two criminal investigations into major money laundering rings that started or were ongoing around this time, perhaps this report was what sparked those investigations?

There's no reason to make reports public, there's a ton of reports commissioned constantly.

Ugh I'll be honest and say I'd give the Liberals a 4/10 from the obvious information but would really like to know a lot more details before I give a final judgement.

[Migrant_Coconut]

Originally Posted by misher

Ugh I'll be honest and say I'd give the Liberals a 4/10 from the obvious information but would really like to know a lot more details before I give a final judgement.

Agreed. Again, not going to scream "coverup" until we know exactly what's what, but there's definitely something that stinks.

[retro_orange]

Originally Posted by CanSpice

Oh for crying out loud, you got beaten up on Reddit for this nonsense, and you're just peddling it here because it's lower traffic.

It's just sad really, with seriously pathetic undertones of insecurity.

[retro_orange]

and Wilkinson gets more pathetic by the day...

BC Liberals won’t waive cabinet confidentiality on documents related to money laundering


B.C. Liberal leader Andrew Wilkinson has turned down the B.C. government’s request to waive cabinet confidentiality for documents related to suspected money laundering at B.C. casinos. In a letter sent to Wilkinson, Eby suggested the documents would help stop criminal activities at casinos.

“We were interested to hear the Attorney General himself is ignoring two court orders for disclosure of cabinet documents. The most recent one’s from the Chief Justice of the (B.C.) Supreme Court. They ignored that order and say they are appealing it. David Eby is a hypocrite, plain and simple,” said Wilkinson.

“We are going to be watching what the Attorney General is doing.”

In his comments, Wilkinson did not rule out turning over the documents in the future.

The two situations used to explain Wilkinson’s decision are very different.

The court orders that Wilkinson referred to were in connection with an organization representing the provincial judges challenging a decision in court regarding judicial compensation detailed in the Judicial Compensation Act. The court decision was to not accept a recommendation of a specific compensation increase for provincial court judges.

Following that decision, the lawyers for the judges moved that cabinet confidence documents be made public. The current government has challenged that and the issue is heading the B.C. Court of Appeal.

The major difference is that Attorney General David Eby has promised Wilkinson in a letter that documents connected to the issue around money laundering would remain confidential.

“The information found in these documents would contribute to our efforts in finding ways to comprehensively end such criminal practices in B.C. casinos and throughout B.C.’s economy though avoiding failed measures already attempted by previous administrations,” the letter said.
“I can commit, on behalf of the government, that information from these documents would remain confidential.”

The current government commissioned a report from investigator Peter German on how far money laundering had spread in B.C. casinos.
German found widespread money laundering in gambling facilities and also suggested that criminal activity could be taking place in the real estate market, at horse tracks and in the luxury car market.

In a statement provided to Global News, Eby said he is disappointed the Liberals will not waive the cabinet confidentiality.

“We asked the B.C. Liberals to show us their work combating money laundering in a confidential way. Rather than working with us, Andrew Wilkinson has decided to attack me instead,” Eby said. “After weeks of avoiding to answer, Mr. Wilkinson refused our request. He also tried to confuse the issue by claiming our government picks and chooses when to respect the principle of cabinet confidence.”

“He couldn’t be more wrong. We will always defend and protect cabinet confidence of B.C.’s government, including past governments.”

https://globalnews.ca/news/4447653/b...ey-laundering/

[misher]

Originally Posted by retro_orange

and Wilkinson gets more pathetic by the day...
https://globalnews.ca/news/4447653/b...ey-laundering/

Was actually generous of Eby to say he would keep it confidential. Personally in Andrew's place I'd be open to releasing the laundering documents to Eby alone to allow him to read them over provided a written promise is given. There may be things I don't know about the political game though that may make this a bad move but so far I don't see a downside. And hey look, I'm supporting the NDP here.

[Vin]

I wouldn't applaud anyone until criminals are hauled in and sentenced to rot in jail, and that DTES is cleaned up.

[misher]

Originally Posted by Vin

I wouldn't applaud anyone until criminals are hauled in and sentenced to rot in jail, and that DTES is cleaned up.

Honestly our DTES strategy seems to be to just spread it around like a stain until its not as visible.