Independent NSW politician discusses money laundering scourge - by Tristam Price

It is possible to plough up to AUD 5,000 into a pokies machine in NSW and ACT without ringing anti-money laundering (AML) alarm bells. The limit is $1,000 in Victoria and $500 in Tasmania.

Former AML/CTF Compliance Manager Troy Stolz is being sued by his former employer ClubsNSW for publicising the abysmal AML/CTF compliance rates of sports and veteran’s clubs, that he had been trying to improve. We first reported on this, albeit briefly, in June 2021.

Secret proceedings initiated since then caused a Streisand Effect, which caused the secrecy to fall away a few months ago, and now the Sydney Morning Herald and ABC are all over it.

There appears to be a general lack of political will to tackle money laundering in NSW because both major political parties depend on donations from the powerful lobbyist ClubsNSW. This is similar to the National Rifle Association’s grip on US politics.

But presumably Justin Field’s party (Greens) does not suckle on the gaming industry teat, as this transcript from NSW Parliament last week seems to suggest:

Hansard, www.parliament.nsw.gov.au, Page 23, 36, 37, 10 November 2022

https://www.leightonassociates.co.nz/post/clubsnsw-claims-former-employee-troy-stolz-masquerading-as-a-whistleblower-by-wbr-think-tank 14 Oct, 2022