B.C.’s Attorney General is working with former RCMP Deputy Commissioner Peter German on the second phase of the money laundering investigation.
David Eby says he has a number of concerns and questions as he works on the terms of reference for this phase two investigation into money laundering in B.C.
Eby says this will be a much more difficult probe.
“Real estate is a much woolier issue than casinos. Real estate, there are issues that have been raised in relation to builder’s lanes. Where people might provide cash in exchange for a builder’s lane being registered against a property. Other concerns about who actually owns properties. There are concerns about who actually owns properties. There are concerns about the people who were bringing in the bags of cash into the casinos, also saying that they were involved in some way in the real estate industry. There are all these issues bundled up together.”
Eby says from what he is seeing B.C.’s real estate industry is being used to launder money.