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HomeBusinessthePodcast: Looking back at the Cullen Commission on B.C.’s money laundering scandal

thePodcast: Looking back at the Cullen Commission on B.C.’s money laundering scandal

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For the week of June 18, 2023:

The Cullen Commission public inquiry into B.C.’s money laundering scandal cost taxpayers $18.6 million over three years and the final report, released June 15, 2022, included 101 recommendations. 

Surprisingly, Commissioner Austin Cullen concluded the previous BC Liberal government wasn’t corrupt (cabinet just didn’t do its job to stop dirty money at casinos) and he downplayed the role that billions of dollars from China played in distorting the real estate market. 

Guest James Cohen of Transparency International Canada was a participant in the inquiry. On this edition of thePodcast, he offers his thoughts on the legacy, one year later. Though few recommendations have been adopted by Premier David Eby’s NDP government, Cohen tells host Bob Mackin that enacting a corporate beneficial ownership registry, regulating money services businesses and enabling unexplained wealth orders are powerful tools that will make a difference.  

Listen to the interview. Plus Pacific Rim and Pacific Northwest headlines. 

CLICK BELOW to listen or go to TuneIn, Apple Podcasts, Spotify or Google Podcasts.

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theBreaker.news Podcast
theBreaker.news Podcast
thePodcast: Looking back at the Cullen Commission on B.C.'s money laundering scandal
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