Sam Cooper, an investigative journalist with Global News, reports that BC Liberal MP Joe Peschisolido (Steveston-Richmond East) (pictured, at the right ⇒ ) is in court asking “to remove himself from a B.C. Supreme Court case featuring allegations that his former law firm was involved in an “illegal international money-laundering scheme” … [the report explains that] … The case concerns a $15-million immigration-investment deal in which some investors allegedly tried to “improperly influence” Canadian politicians to circumvent the “lawful” immigration process … [and] … Thursday in B.C. Supreme Court Madame Justice Sharon Matthews heard Peschisolido’s application to dismiss the claims against him, as well as opposing arguments from plaintiff Yicheng Jiang’s counsel. Justice Matthews has reserved her decision and it’s not clear when the decision will be issued.“
This is not a new story. As Mr Cooper explains: “According to legal filings, seven Chinese investors forwarded funds to Peschisolido’s firm through an “underground bank” in China. And one of these investors “brought the funds into Canada in his own name to conceal involvement of the other six investors” … [and] … Yicheng Jiang says he was “induced” to make the banking transactions as part of the immigration-investment opportunity that used Peschisolido’s firm … [further] … It’s alleged that Peschisolido and one of his firm’s “junior” lawyers, Yvonne Hsu, allowed the investor funds transferred from China to be diverted from the firm’s accounts to Paul Oei, a prominent immigration entrepreneur and Liberal party fundraiser in B.C. … [and] … The civil case involving Oei and Peschisolido has already resulted in a 2018 B.C. Securities Commission ruling that found Oei defrauded a number of investors. As a result the Securities Commission banned him from selling investments in B.C. and ordered him to pay over $8 million in repayments and fines.“
In his recent, August filing, Mr Peschisolido argues that “he did nothing wrong and the ongoing case is unfairly damaging his chances of re-election this October … [his lawyers says that] … “Joseph Peschisolido is not just a lawyer, but also a sitting Member of Canada’s Parliament … [and] … The serious and non-compensable prejudice to (Peschisolido) is obvious should he be deprived of the opportunity to exonerate himself in respect of the plaintiffs serious and unfounded allegations against Mr. Peschisolido personally.”” Indeed! We really don’t want the sensitive voters of Steveston-Richmond East to find out that their local MP’s law firm was involved in an illegal immigration scheme, do we? They might not vote to re-elect him.
“But,” the report says that the plaintiff, Mr Jiang, “maintains Peschisolido is directly involved, and “this is a close to USD $4 million fraud case against a group of alleged fraudsters and their former lawyers.”” That’s something else the Liberals might not want to the voters to hear about, isn’t it?
We all remember, I hope, that, in May 2016, Prime Minister Justin Trudeau attended a cash-for-access fundraiser at the Toronto mansion of a wealthy Chinese-Canadian business executive in which, according to a Globe and Mail report, “a well-heeled donor who was seeking Ottawa’s final approval to begin operating a new bank aimed at Canada’s Chinese community … donated $1-million to the Pierre Elliott Trudeau Foundation and the University of Montreal Faculty of Law weeks after the fundraiser, also attended the event. Mr. Zhang is a political adviser to the Chinese government in Beijing and a senior apparatchik in the network of Chinese state promotional activities around the world.” There were more than one of these improper, unethical cash-for-access fundraisers. The photo at the left (⇐) shows Prime Minister Trudeau at the Vancouver home of another wealthy Chinese-Canadian businessman, just six months later, on 7 November 2016, once again peddling himself for money.
There is nothing wrong with what the Chinese businessmen are doing; they are just trying to advance their private interests. There is something wrong with what was going on with the money-laundering/illegal immigration scheme involving, however tangentially, Mr Peschisolido’s law firm. There was also something very wrong with what Prime Minister Trudeau was doing and it points to a pattern of unethical and even illegal conduct at every level of this, Trudeau, Liberal regime.
Enough is enough!
In October Canadians need to give the Liberal Party some time, on the opposition benches, to reflect on what has happened to one of Canadians most honoured national institutions. Is this really the party of Laurier, King, St Laurent and Pearson?
I know, with 100% certainty, that at least a few life-long Liberals are asking just that question. I suspect that is why some Liberal riding associations have not been able to elect candidates and will, instead, see hand-picked (by the Trudeau campaign team) Trudeau loyalists parachuted into their ridings instead. The Liberal Party of Canada needs time, probably a decade, to review and renew itself. It cannot do that while Justin Trudeau is in power; he’s the problem, not the solution.