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Ian Mulgrew: Stereotypes skew money-laundering debate, inquiry warned


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Evidence at the inquiry into money laundering suggests that racial stereotypes may be driving and skewing the dirty money debate when a careful analysis does not support the concern.
Lawyer David Butcher hit that nerve in his cross-examination of Len Meilleur, a key bureaucrat for more than a decade and former executive director of compliance at the province’s gaming policy and enforcement branch.
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Ian Mulgrew: Stereotypes skew money-laundering debate, inquiry warned Back to video
“Would you agree that it is completely inappropriate to simply draw that link money from China must be illegitimate?” Butcher asked. ....

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Gamblers diverted to B.C. by money laundering crackdowns in China/U.S., inquiry hears


But River Rock’s long-time VIP/high-limit gambling architect Walter Soo previously told the commission he was observing “geopolitical” factors in and around 2012 that could lead more wealthy Chinese gamblers to Vancouver. These included a U.S. crackdown on money laundering in Macau-connected Las Vegas casinos, Chinese president Xi Jinping’s 2013 anti-corruption/political purge campaign, China’s capital flight restrictions and Canada’s investor immigrant program targeting China’s elites.
Commission counsel Kyle McCleery read a Great Canadian Gaming Corp. (GCGC) report from Soo stating, “[People’s Republic of China] VIPs will encounter more restrictions to access funds for gaming in Macau and Las Vegas reducing their desire to frequent these destinations and diverting their play to River Rock Casino.” ....

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