Up to 95 per cent of registered clubs in NSW are not in compliance with federal anti-money laundering and counter terrorism financing laws, according to an internal ClubsNSW document.Herald,The federal independent MP Andrew Wilkie sought to table the document in Parliament on Thursday afternoon, but was blocked by the government, a move he described as a "cover-up".
According to briefings he had received from police agencies, people engaged in money laundering could carry as much as $80,000 in their pockets or $250,000 in a child’s backpack, and were willing to lose up to 30 per cent of their cash in order to launder it. A spokesman for ClubsNSW said in a statement: “The paper presented to the ClubsNSW board in May last year found that the state’s larger clubs had taken a proactive approach to AML/CTF compliance and had appropriately minimised their risk of falling victim to money laundering practices.