B.C. Liberal MLA Rich Coleman is greeted by a crush of reporters after a public inquiry into money laundering was announced at the B.C. legislature, May 15, 2019. (Tom Fletcher/Black Press)

Looking forward to money laundering probe, Rich Coleman says

B.C. Liberal MLA has faced accusations he didn’t do enough

Former public safety minister Rich Coleman says he looks forward to testifying at a public inquiry into money laundering, after being accused by the NDP government of taking early steps that led to the growth of criminal activity in B.C.

“I’m quite happy with the inquiry,” Coleman told reporters at the B.C. legislature Wednesday. “We’ll finally get past some of this innuendo and accusation and get down to some facts.”

Premier John Horgan announced earlier in the day that B.C. Supreme Court Justice Austin Cullen has accepted the job of heading an inquiry into money laundering, estimated by the B.C. government’s outside investigators to have reached more than $7 billion in 2018 alone.

READ MORE: B.C. holding inquiry into rise of money laundering

READ MORE: Hot cars hide dirty money, B.C. crime probe finds

Coleman noted that as B.C.’s solicitor general starting in 2001, he brought in a new Gaming Control Act after two premiers, Mike Harcourt and Glen Clark, resigned over issues related to gambling.

“I created the act so it was always arms length from the minister for statutory decision-makers, so no minister could ever influence a decision that was made,” Coleman said.

Coleman was minister in charge of the B.C. Lottery Corporation in 2009 when a dedicated illegal gambling enforcement team was disbanded. A new dedicated team was set up in 2016 as large casinos were operating in Metro Vancouver.

Taking questions after Wednesday’s announcement, Horgan repeated the suggestion that government revenues from gambling and taxes on a soaring real estate market may have been a motivation to keep the good times rolling in B.C.

“Perhaps other governments were intoxicated by the revenues that kept coming in,” Horgan said.

B.C. Green Party leader Andrew Weaver said he is pleased about the NDP government’s decision to proceed with a public inquiry. He cited damning evidence from investigator Peter German and a panel led by law professor Maureen Maloney about multiple luxury home purchases by the same people. The investigations also uncovered a brisk trade in expensive cars that were bought with cash or untraced bank transfers, and then sold offshore.

“The key aspect of all of this is that the German report and the expert panel report were able to outline a series of very alarming issues with respect to money laundering,” Weaver said. “But they did so without access to the power of subpoena, they did so without access to cabinet documents that were confidential, they did so without access to other private information.”

The NDP government has twice asked the B.C. Liberals to waive confidentiality over cabinet documents related to their actions as money laundering was growing during their 16 years as government.

B.C. Liberal justice critic Michael Lee said the decision to seek those records is up to the judge in charge of the inquiry, which has been asked to gather its evidence and provide a final report by May 2021.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Grand Forks woman assaulted in home invasion

The incident took place Wednesday morning

Students rock Greenwood Community Hall

Grade 6 and 7 students performed songs from every decade since the 1950s

Your flower garden could be harbouring invasive species

Seeds for invasive species often hid in wildflower seed packs

Interior Health study offers take-home drug testing kits to spot fentanyl

Interior Health to evaluate safety of at home drug testing kits aimed at reducing fentanyl overdoses

Search crews rescue kids, 6 and 7, stranded overnight on Coquitlam mountain

Father and two youngsters fall down a steep, treacherous cliff while hiking Burke Mountain

600 new campsites coming to provincial parks and recreation sites across B.C.

Tourism Minister announced half of the new spots to 13 most popular provincial parks

Raptors beat Bucks 105-99 to move within 1 game of NBA Finals

Leonard scores 35 as Toronto takes 3-2 series lead over Milwaukee

Municipalities protest after B.C. declares marijuana crops ‘farm use’

UBCM president seeks answers in letter to John Horgan government

CMHC defends mortgage stress test changes amid calls for loosening rules

Uninsured borrowers must now show they could service their mortgage if rates rose two per cent

B.C. woman left ‘black and blue’ after being pushed off 40-foot cliff at lake

West Shore RCMP looking for witnesses as investigation continues

Grand Forks woman assaulted in home invasion

The incident took place Wednesday morning

Kootenay youth substance use trending downward: survey

A bi-annual survey distributed to regional schools shows that youth substance use is decreasing

Thunderstorms to bring heavy rain, risk of flash floods in the southern Interior

Ten to 30 millimetres of rain to fall over the early weekend

Unbe-leaf-able: Agassiz man finds more than 200 four-leaf clovers in a month

Walt Hardinge has found more than 219 four-or-more leaf clovers this spring alone

Most Read