RCMP warned B.C. govt capital flight from China related to organized crime and drug cartels: inquiry
A senior RCMP officer alerted B.C. casino officials in June 2015 that he believed Mainland China’s “financial elite” had “close ties to organized crime” and there was concern that massive amounts of cash were flooding into casinos via “capital flight” from China, the province’s money laundering inquiry heard Friday.
And the RCMP saw a link between casinos and fentanyl trafficking and money laundering. But the Lottery Corp. was still arguing “no one has been convicted in terms of money laundering in casinos,” Meilleur testified.
The inquiry also heard that an audit by Meilleur and the branch found five B.C. Lottery Corp. high-rollers were found to be among the top 100 financial corruption suspects named in 2015 on Chinese president Xi Jinping’s so-called SkyNet “most wanted” list.
He testified that Mazure had complained to him that de Jong’s office wanted the branch to continue seeking alternatives to large cash transactions, but no one would take the step needed: to order the Lottery Corp. to determine source of funds before accepting cash.