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

View Royal Mayor investigated over concerns of being ‘politically exposed’

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

Mayor David Screech had no idea winning $5,100 could be such a pain.

The mayor was informed by his bank he was being investigated after winning a 50/50 draw at a Victoria Royals game.

The Canadian Imperial Bank of Commerce (CIBC) called Screech, his wife and youngest son asking “a series of questions to do with my banking,” he said.

“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.

ALSO READ: SD62 superintendent and View Royal mayor thrown in the slammer

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.”

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.

ALSO READ: View Royal Mayor calls on province to change Victoria Transit Commission statute on appointments

“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.

ALSO READ: ‘A lot of work to do’ on View Royal financial plan, says mayor

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

Just Posted

Governing bodies accused of ‘destroying’ girls’ hockey by Island’s top team

When asked for advice hockey dad says ‘put your girls in soccer’

Guns could use smartphone-style fingerprint locks in near future

Startups looking to outflank traditional gun manufacturers using tech knowhow

Syrian violinist plays with new Canadian band at upcoming fundraiser

Sari Alesh played with the Symphony Orchestra in Syria for six years

Esquimalt to finalize township’s four-year plan

Council will soon make final decisions on its draft strategic goals and priorities

Economic inequality, immigration still need work in Victoria: Prosperity index

Housing, environmental health factors show improvements in 2019: report

Victoria church bells toll in solidarity with Notre Dame Cathedral after devastating fire

Churches around the globe ring bells to honour iconic Paris cathedral

Parents of 13 who tortured children get life after hearing victims

One of their daughters fled their home and pleaded for help to a 911 operator

Flooding, climate change force Quebecers to rethink relationship with water

Compensation for victims of recurring floods limit to 50% of a home’s value, or a maximum of $100,000

Storms blast South, where tornadoes threaten several states

9.7 million people in the Carolinas and Virginia at a moderate risk of severe weather

Private cargo ship brings Easter feast to the space station

There are three Americans two Russians and one Canadian living on the space station

Notre Dame rector: “Computer glitch” possible fire culprit

The fire burned through the lattice of oak beams supporting the monument’s vaulted stone ceiling

B.C. senior sentenced for sexually abusing special-needs granddaughter

73-year-old Cortes Island man will go to jail for three years

Howe Sound Queen sailing toward retirement

Vessel now up for auction ends regular runs between Crofton and Vesuvius at the beginning of June

Should B.C. lower speed limits on side roads to 30 km/h?

Vancouver city councillor wants to decrease speed limits along neighbourhood side roads

Most Read