|The UK government has ordered an investigation to ascertain if, and to what extent, money-laundering activities exist within the bookmaking industry. The National Criminal Intelligence Service will carry out the ‘risk assessment’ on orders of Richard Caborn, Sports Minister, as reported by the Racing Post today.|
A Treasury spokesman said: 'The Government has asked the NCIS to undertake a risk assessment into bookmaking. This is part of the overall strategy, which continually assesses money laundering risk across a range of sectors.'
David Maguire of the NCIS added: 'We continually assess money laundering risk across a range of sectors. The NCIS is not able to discuss the risk assessments it conducts.'
Industry insiders today said that a similar investigation had been carried out in 2001, with no hint of illegal activities uncovered, and were dubious as to the merits of a repeat enquiry. Tom Clarke, NJPC chairman told the Racing Post: 'They spent a year completing a thorough investigation, and there was not even a half-serious suggestion of money laundering. They found no evidence.”