View Royal Mayor David Screech calls investigation ‘ridiculous’ and an ‘overreaction’ (File photo)

B.C. mayor flagged by anti-corruption investigators after depositing 50-50 winnings

View Royal Mayor David Screech cites an ‘overreaction’ to $5,100 winning

A Vancouver Island mayor had no idea winning $5,100 could be such a pain.

View Royal mayor David Screech was informed by his bank this week that he was being investigated after winning a 50-50 draw at a Victoria Royals hockey game.

His bank, Canadian Imperial Bank of Commerce, called Screech, his wife and youngest son asking “a series of questions to do with my banking,” he told Black Press Media.

“It all seemed like a bit of a ridiculous reaction to a one-time-only cash deposit.”

The questions put to Screech centered on where the money came from, while his wife was asked how she paid her Visa bill.

Screech learned he was considered a politically exposed person (PEP) because of his mayorship. The 2017 anti-corruption law is described by the Canadian Government website as “part of the approach to combating money laundering and the financing of terrorist activities.”

READ MORE: B.C. receives two money laundering reports after reviews of real estate, cars

READ MORE: B.C. takes aim at ‘shell companies’ hiding property ownership

Domestic PEPs include military generals or those of higher ranks, judges of high courts, heads of a government agency or, in this case, a municipal government.

“In a nutshell, I suppose I’m surprised that rules and regulation are in place that affect mayors that I’m not aware of that I don’t think any mayor’s are aware of – that they’re on this special federal list,” he said.

Screech filed a complaint with the federal financial agency that oversees banks and the Department of Consumer and Corporate Affairs this week.

“The impression I get from the government is that the bank went well beyond what they are required to do. So that again is part of what makes me angry, if the bank did go beyond and above what they’re required to do.”

“Under federal legislation, Canadian financial institutions may be required to seek additional information on various transactions involving some individuals who hold prominent positions. We regularly review our policies to ensure compliance with legal and regulatory obligations,” CIBC said in a statement to Black Press Media.

Screech said he has no clue as to the nature of the investigation or its conclusions.

“Somewhere there is something in my record about an investigation that I have no ability to see or know of, and to me, by Canadian law, that’s just not acceptable.”

swikar.oli@goldstreamgazette.com


Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

The B.C. Centre for Disease control is telling people to keep an eye out for the poisonous death cap mushroom, which thrives in fall weather conditions. (Paul Kroeger/BCCDC)
Death cap mushroom discovered in Comox

Highly poisonous mushroom found fruiting near Filberg Park

The Salvation Army Christmas Kettle Campaign will launch on Nov. 13 this year. Black Press file photo
Salvation Army Kettle Campaign ringing this year with an electronic twist

The new tiptap machine used by the Salvation Army will be set at $5 denominations

Jimmy Carter, left, is pictured with country music legend Willie Nelson — one of many musicians featured in a documentary about the former U.S. president. The film, Jimmy Carter: Rock and Roll President, is the latest feature in World Community’s film series. Photo supplied
Comox Valley non-profit presents ‘Jimmy Carter: Rock and Roll President’

World Community’s film series continues Nov. 6-8 with a new uplifting film,… Continue reading

The Calgary Zoo is aiding in recovery efforts for the Vancouver Island marmot, an endangered species. Pictured here, a marmot at Mount Washington. (Black Press file)
Despite challenges, 2020 good year for Vancouver Island marmot population

In 2019, the foundation counted 60 pups; this year, it reached 46

Several local schools took part in Student Vote for the B.C. election. Black Press file photo
Students in Student Vote support NDP in Comox-Courtenay

Unlike actual vote, students in Mid Island-Pacific Rim back Greens

Provincial health officer Dr. Bonnie Henry updates the COVID-19 situation, B.C. legislature, Oct. 26, 2020. (B.C. government)
B.C.’s COVID-19 case count jumps by 287, another senior home outbreak

Two more deaths recorded, community outbreak in Okanagan

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

MMFN First Nation has said that it will restrict access to portion of Highway 28 that passes through the Nation’s land until a road use agreement is reached. (Black Press file photo)
Vancouver Island First Nation blocks highway access to logging trucks in Gold River

Mowachaht/Muchalaht First Nation restricting access for Western Forest Products pending road deal

An untitled Emily Carr painting of Finlayson Point was donated to the Art Gallery of Greater Victoria by brothers Ian and Andrew Burchett. The painting had been in their family for several decades. (Courtesy of the Art Gallery of Greater Victoria)
Never before seen painting by famed B.C. artist Emily Carr gifted to Victoria gallery

Painting among several donated to Art Gallery of Greater Victoria

100 Mile Conservation officer Joel Kline gingerly holds an injured but very much alive bald eagle after extracting him from a motorist’s minivan. (Photo submitted)
Rescued bald eagle that came to life in B.C. man’s car had lead poisoning

Bird is on medication and recovering in rehab centre

Janet Austin, lieutenant governor of B.C., was presented with the first poppy of the Royal Canadian Legion’s 2020 Poppy Campaign on Wednesday. (Kendra Crighton/News Staff)
PHOTOS: B.C. Lieutenant Governor receives first poppy to kick off 2020 campaign

Janet Austin ‘honour and a privileged’ to receive the poppy

From left: Rick Weaver, Anita Eldershaw-Pitman and Area A director Daniel Arbour at the Friendly Port Child Care Centre. Photo supplied
District funds enable expansion at Union Bay child care facility

A grant from the Comox Valley Regional District will help create eight… Continue reading

Cowichan Search and Rescue set up near the Silver Bridge in Duncan on Wednesday morning, Oct. 28, 2020 to rescue a dog from the Cowichan River. (Citizen file)
Cowichan Search and Rescue save dog from icy Cowichan River

Search and Rescue’s swiftwater team was called in

Most Read