
As the province moves to stop accepting large cash payments at public and private post secondary institutions, the leader of the Opposition says “show me the problem.”
Speaking on NL Newsday, Andrew Wilkinson was calling on Advanced Education Minister Melanie Mark to highlight examples where money was laundered through post secondary institutions.
“I mean how often is this happening really? Students sometimes collect money from tips or from odd jobs and come in and pay some of their tuition with that,” he said. “But really are people going to be laundering drug money by signing up for a course in welding? That is pretty hard to believe.”
In his second report, former RCMP deputy commissioner Peter German said they got some tips that international students would pay their fees in cash, withdraw and then get a refund by cheque.
Mark says she has sent letters to dozens of institutions, giving them a one-month deadline to share their policies for handling cash transactions with the government, in the hopes of closing any loopholes.
At present, post-secondary institutions are responsible for their own policies on handling cash and they differ from institution to institution.













