No charges approved in massive B.C. money laundering investigation

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No charges approved in massive B.C. money laundering investigation
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A special prosecutor has made the decision not to approve any charges arising from the 'E-Nationalize' investigation.

A major money laundering investigation into B.C. casinos will not result in any criminal charges, the BC Prosecution Service announced in a statement Wednesday following an independent prosecutor's assessment.

Although the investigation tracked millions of dollars of suspicious cash moving from an unregistered money service business in Richmond to local casino gamblers, Considine stated he was reticent to move forward with charges as police could not identify a “viable” predicate offence, most notably that the cash originated from drug trafficking. Further hindering the case was the sheer volume of documents, most of which were in Mandarin.

However, on Nov. 26, 2021, then B.C. Attorney General David Eby issued a directive to the Assistant Deputy Attorney General Peter Juk to conduct an independent charge assessment, stated BCPS. “The investigation revealed that between February 4 and May 19, 2017, X received approx. $5.4 million in bulk cash from A and B; provided over $6 million in cash, bank drafts or casino chips to clients; and arranged for the deposit of approx. $7.2 million into the Chinese bank accounts associated to A and B,” explained Considine.

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