Wednesday, June 24, 2026
ADVT 
National

B.C. money laundering final report will be delayed

Darpan News Desk The Canadian Press, 10 Dec, 2020 11:52 PM
  • B.C. money laundering final report will be delayed

The commissioner of the British Columbia public inquiry into money laundering says his final report will be delayed beyond the original May 2021 deadline.

British Columbia Supreme Court Justice Austin Cullen has released an interim report detailing the progress of the inquiry since hearings started last October, but he says he needs more time beyond the May 15 deadline set to release recommendations to the B.C. government.

Cullen says in a statement the broad range of the issues being addressed, the length of the hearings, the effects of the COVID-19 pandemic and challenges obtaining documents are all responsible for the delay.

The New Democrat government established the inquiry in May 2019 after reports outlined the extent of illegal cash at casinos and the impact of laundered money on the high price of real estate.

The inquiry has heard testimony from two former police officers who say their concerns about organized criminals and illegal cash at casinos were not properly addressed.

Attorney General David Eby says in a statement he's concerned about the commissioner's ongoing problems getting co-operation from the federal government.

Eby says he's most troubled by the apparent failure of Fintrac, the federal anti-money-laundering agency, to share what it knows with the commission about what is happening in British Columbia.

"I never expected anything but full co-operation from Canada's only major anti-money-laundering agency. To have anything short of that, given the agency's stated mandate, is surprising and inexcusable," Eby says in the statement.

Cullen's interim report says the commission will strive to uncover the nature and scope of money laundering in B.C. and make recommendations to ensure those involved in the fight against the crime have the tools they need.

MORE National ARTICLES

Dr. Peter Chung Makes $1 Million Donation To Surrey Hospital Foundation Children’s Health Centre Campaign

With Dr. Chung’s contribution, the Surrey Hospital Foundation is almost at their $6-million fundraising goal with $1-million left to raise for the campaign.

Dr. Peter Chung Makes $1 Million Donation To Surrey Hospital Foundation Children’s Health Centre Campaign

RCMP Nab Impaired Drivers Over First Weekend Of CounterAttack

RCMP Nab Impaired Drivers Over First Weekend Of CounterAttack
The question to be answered is, How do you measure success when combatting Impaired Driving?

RCMP Nab Impaired Drivers Over First Weekend Of CounterAttack

Arrested 29-Year-Old Burnaby Groping Suspect Commits Further Sexual Assaults After Release On Conditions

Arrested 29-Year-Old Burnaby Groping Suspect Commits Further Sexual Assaults After Release On Conditions
After a six-month investigation, 29-year-old Burnaby resident, Jorge Benjamin Bernal has been charged with four counts of sexual assault in relation to alleged groping incidents that took place in Burnaby.  

Arrested 29-Year-Old Burnaby Groping Suspect Commits Further Sexual Assaults After Release On Conditions

Sister Of Richmond Homicide Victim Michael Thompson Asks For Help From Public

The Integrated Homicide Investigation Team (IHIT) is requesting public assistance to further its ongoing investigation into the homicide of Michael Thompson.

Sister Of Richmond Homicide Victim Michael Thompson Asks For Help From Public

Surrey RCMP Searching For Missing 50-Year-Old Man Sasha Bankovic Last Seen In Whalley

Surrey RCMP is requesting the public’s assistance in locating a missing male.

Surrey RCMP Searching For Missing 50-Year-Old Man Sasha Bankovic Last Seen In Whalley

BC Government Tells ICBC To Delay 2020 Insurance Rate Application Until February

In December 2018, ICBC announced that it was asking for a 6.3% increase to basic insurance rates. The British Columbia Utilities Commission (BCUC) gave their approval in January 2019.  

BC Government Tells ICBC To Delay 2020 Insurance Rate Application Until February