Industry Reports

Money Laundering Inquiry Commission Ready to See through People’s Eyes

Preparation for the public inquiry into money laundering across British Columbia is about to enter its next phase, seeking individuals’ input. The Commission of Inquiry into Money Laundering in British Columbia announced five meetings across the province.

They would allow British Columbians the chance to express their position and insights into money laundering on a provincial level. October 23 is scheduled to see the first public input meeting. British Columbians have been waiting for this moment for many months now – a public inquiry is upon them and they would finally have the chance to learn more and contribute to the process.

The province has been associated with lax regulation that enabled dirty cash to be laundered through its casino, real state, and luxury vehicles sectors. Hearings on the subject would take place in the upcoming months, including 16 organizations and individuals part of the first approved group.

Five Public Meetings Revealed

Within the weeks ahead of the first hearings, community members would have the chance to participate in meetings organized by the Commission of Inquiry into Money Laundering in British Columbia. The first meeting is scheduled to take place on October 23 in Vancouver, welcoming those interested in presenting their point of view.

Fairmont Hotel Vancouver would welcome them between 5:30 p.m. and 8 p.m. It should be pointed out that all five meetings are going to run on this schedule. October 29 brings the second meeting, this time in Kelowna’s Best Western Plus.

Locals would have the chance to make presentations and offer essential information that would facilitate future information collection. Individuals hailing from Victoria are projected to have their own meeting on November 4 at Marriott Hotel Victoria Inner Harbor.

Only several days later, Richmond is scheduled to have its meeting. It is no secret that River Rock Casino Richmond has been eyed as the location Chinese loan sharks and high rollers may have preferred for their money laundering schemes, as suspicious amounts of cash have been flowing through the casino venue.

Essential Insight Expected

The local community would have the opportunity to report on the subject and share its position on November 7 at Hilton Vancouver Airport. Prince George is going to offer the last public meeting within the border of British Columbia. November 14 is projected to attract a crowd to the Ramada Plaza.

Individuals would have the chance to make presentations in front of the Commission that should not last more than 10 minutes. These five meetings’ goal would be a better understanding of the people’s perspective on money laundering and possible ways in which they have seen the direct impact of this practice. The input would be essential not only for the province but on a national level.

The issues that have been detected in the particular community would have to be addressed in an adequate manner, something the Commission would take care of. Individuals unable to make it to the meeting in time or unable to be there in person would have the chance to put their two cents in via an email at