Kyla Lee Calls for the Law Society of B.C. to Do More to Address Money Laundering

In the aftermath of last week’s money laundering revelations at least one lawyer is calling for the Law Society of B.C. to take much harsher action with lawyers complicit in such behaviour.

After the 2nd phase Peter German report into money laundering raised the possibility lawyers may be willingly or unwittingly helping Acumen Law’s Kyla Lee was asked if that kind of activity is going on.

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Lee says while the Law Society has some harsh consequences for lawyers crossing the line it is also not doing enough to tackle the issue of lawyer’s trust accounts that may be being used for money laundering.

“I think the Law Society is going to have to develop a framework for its own investigations into money that is coming into lawyer’s trust accounts to ensure that it is not part of money laundering. As well as perhaps developing its own investigative force to deal specifically with that issue.”

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