BC Lottery Corp. CEO ignored federal anti-money laundering direction on bags of cash: inquiry | Globalnews.ca globalnews.ca/news/7635314/b… @FINTRAC_Canada @BCLC @CullenInquiryBC
1. A former BC Lottery Corporation CEO drove his executives to increase revenue via high-limit gambling but didn’t follow a direction from Canada’s anti-money laundering watchdog that required B.C. casinos to establish the source of massive cash transactions.
2. Commission lawyers have been building the case that Lottery Corp. and casino managers hungered after revenue from foreign high rollers, even after being warned by investigators that B.C.’s casinos were being used to launder money by Chinese transnational drug gangs.
3. We are now at the stage where BCLC brass and Great Canadian brass are contradicting each other. “He also said casino managers and the Lottery Corp. targeted high rollers from casinos in Macau and spent money on facilities to attract these so-called “VIP” baccarat players.”
4. @BCLC brass earned as much as 25 per cent in bonus on their salary structure. Graydon used this language to drive them in December 2011 (ahead of the Chinese New Year high revenue season, incidentally)
5. “I want to stress to the group that it is absolutely critical that we come in on budget from a net-income perspective this year. If we do not, I also want to be very clear there will be no opportunity to pay out incentive this year ... tone in government is not good these days
6. “So remember the consequences you will unleash if you do not participate with some energy through this process.”

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More from @scoopercooper

12 Feb
RCMP warned B.C. govt capital flight from China related to organized crime and drug cartels: inquiry | Globalnews.ca globalnews.ca/news/7637459/r…
2. And the RCMP saw a link between casinos and fentanyl trafficking and money laundering. But the Lottery Corp. was still arguing "no one has been convicted in terms of money laundering in casinos," Meilleur testified.
3. And the RCMP officer, Calvin Chrustie, warned one official “we also know the cartels are close to Chinese networks.”
Read 17 tweets
12 Feb
Breaking: Evidence email RCMP Calvin Chrustie warned BCLC and GPEB in June 2015 that the Mainland China "financial elite have close ties to organized crime and we also know the cartels are close to Chinese networks," and BCLC wasn't paying attention to large cash transactions.
2. The evidence is about a June 2015 @BCLC 'AML Summit' and Chrustie felt that "it is a complex issue, but as stated yesterday, while the flight of capital issue is a key concern,"
3. Chrustie felt that indicators of money laundering were strong in the "Chinese money lending culture," in Vancouver, but BCLC was not seeing it that way on 'unsourced cash' former GPEB Len Meilleur says, he agrees 'not everyone in the room' at the summit agreed w. Chrustie
Read 8 tweets
3 Feb
Hearing about sexual assault at River Rock Casino by a VIP player on a female staff, and BCLC Ross Alderson writes a report that GCG manager Pat Ennis felt BCLC had no authority to interfere, and that GCG didn't call police, and VIP was allowed to continue play; and GCG
2. VIP program manager Lisa Gao acted inappropriately. The VIP had assaulted another River Rock employee too. Alderson wrote the staff sexually assaulted by the VIP didn't get any support from Great Canadian.
3. @CullenInquiryBC quickly jumped to a question back in 1999 regarding "China's most wanted" LAI Changxing. Ennis says he's not sure if Great Canadian allowed LAI to continue playing, despite reports in media LAI is criminal suspect.
Read 13 tweets
2 Feb
Top BC Lottery Corp. executives disagreed on province’s suspicious-cash directive, inquiry hears globalnews.ca/news/7614773/b… (And BCLC alternative cash theories vs ‘confirmation bias’)
1 During his cross-examination Tuesday, Desmarais was accused by B.C. government lawyer Jacqueline Hughes of downplaying the branch’s money-laundering concerns and constructing alternative theories to justify mysterious cash transactions that came predominantly from Chinese VIPs.
2. Hughes told the inquiry that Lightbody wrote back: “I completely agree with all your comments … I would suggest … reposition (the) document around misperception of money laundering.”
Read 6 tweets
2 Feb
B.C. casino bosses complained that drug-trafficking probes were hurting business: inquiry | Globalnews.ca globalnews.ca/news/7612942/b…
2. “We are acutely aware of the revenue implications for both of us,” Brad Desmarais emailed to Michael Graydon, the inquiry heard. Desmarais said he was “pressing” B.C.’s casino regulator to disrupt illegal casinos where the high rollers may have taken their business.
3. A River Rock patron made $1.8 million in transactions with small bills in just seven days, the inquiry heard, and casino staff had not reported some of the high roller’s suspicious transactions
Read 16 tweets
29 Jan
Jim Lightbody: "To be told in the media by our minister (Eby) that we were wilfully blind (and to read in media) our employees were turning the other way" ... Lightbody says he regrets not being able to respond. .. Rod Baker called me in September 2015 and he was angry
that our BCLC investigators were interviewing Rod Baker's River Rock Casino VIPs and scaring business away. Lightbody claims he responded with an email to Baker and said "no" BCLC won't stop interviewing River Rock VIPs. "I believe that is the last contact" Lightbody + Baker had
The evidence we've heard is BCLC investigators were told in 2012 not to interview River Rock VIPs after Rod Baker complained to BCLC brass. Lightbody was not asked by @CullenInquiryBC if that was his direction, in 2012.
Read 4 tweets

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