RCMP nixed probe into suspected PRC-linked money laundering network – National [Video]

The RCMP declined to investigate a suspected money laundering network connected to the People’s Republic of China (PRC) because the force determined that shutting down the scheme would have “no significant impact.”

According to documents released by the federal foreign interference commission Thursday, the RCMP was made aware of a “money laundering network that was connected to organized crime and PRC (foreign actor interference) activity.”

Deputy Commissioner Mark Flynn, who is in charge of federal policing, testified that he made the decision not to pursue an investigation because it wouldn’t make much of a difference.

“When asked if a financial crime unit could investigate the network, Deputy Commissioner Flynn queried what impact a successful financial crime investigation would have on the larger problem,” a summary of his testimony read.

“Because multiple backup networks could be used for money laundering activities, it was felt that a successful financial crime investigation would …