Start a Public Inquiry into Corruption and Money Laundering in BC's Economy
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We are experiencing a crisis within British Columbia and call on the Members of the Legislative Assembly of the province to open a public inquiry and create a commission to investigate corruption, organized crime, and money laundering within our economy.
This public inquiry should investigate, but not be limited to:
- Finding those who have benefited,
- determining why our systems have been unable to regulate this, and
- identifying who in power has failed in their duties to stop this.
There should be focus on, but not limited to:
- Private land and real estate transactions,
- public land deals involving all levels of government,
- luxury economies such as high-end vehicles,
- the gambling industry and our casinos, and
- the various lawyers and brokers that facilitate transactions.
Recently a secret police report obtained by Global News Investigative reporters revealed a vast network of corruption, organized crime, and money laundering in our economy. We learned of over $1 billion dollars in a single year being put into our real estate market by people with criminal backgrounds, much of which has come from the fentanyl drug trade and overseas gangs. (https://globalnews.ca/news/4658157/fentanyl-vancouver-real-estate-billion-money-laundering-police-study/)
All of this is happening while we experience the worst housing affordability crisis this country has ever seen and an opioid overdose crisis that has taken thousands of our loved ones from us.
To add insult to injury, the biggest court case involving money laundering in Canadian history was stayed by prosecutors and we again have no answers or culpability. (https://vancouversun.com/news/local-news/criminal-charges-stayed-in-major-b-c-money-laundering-investigation)
The range of these issues far surpasses a level that can be handled internally and without impartiality, independent oversight or subpoena powers.
We, the undersigned, respectfully request that the Honourable House support a public inquiry and create a commission to investigate these matters.
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