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Rikkitic

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#318904 3-Mar-2025 14:25
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According to this article in the Herald, meth is cheaper than ever and consumption has doubled in the past year. Clearly all the really stupid and pointless and irritating anti-money laundering measures are not making a damned bit of difference so maybe we could stop penalising ordinary people doing legitimate transactions and focus on the gangs instead of making life difficult for good citizens just to create a phoney appearance  of someone doing something about the problem.

 

 

 

 





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mattwnz
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  #3349643 3-Mar-2025 15:03
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IMO I think the money laundering measures was just and excuse for more red tape and control. Criminals often find ways around these things and governments tend to be 10 steps behind and very slow to react.




DMWellington
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  #3349675 3-Mar-2025 16:29
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I'm not sure AML was enacted due to meth sales.

 

It's part of doing business internationally and if we didn't have AML we would be seen as a risky place to do business with. AML or Know your customer, is also tired to anti-terrorism and not just proceeds of crime. The vast majority of meth sales in NZ will be cash and that's why gangs buy things like motorbikes and boats and stuff and not a whole lot of real-estate or shares where the transactions are digital and subject to AML rules. 


Dingbatt
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  #3349678 3-Mar-2025 16:34
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And yet I read the article in the OP and just felt sadness for the lives ruined and the people put in danger by this pernicious substance.

 

The people who peddle this stuff are evil.





“We’ve arranged a society based on science and technology, in which nobody understands anything about science technology. Carl Sagan 1996




johno1234
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  #3349703 3-Mar-2025 17:56
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Dingbatt:

 

And yet I read the article in the OP and just felt sadness for the lives ruined and the people put in danger by this pernicious substance.

 

The people who peddle this stuff are evil.

 

 

Yes, they are evil - profiting from misery and death. The profit is shared between the Chinese/Mexican suppliers and the NZ importer/dealers. The latter is mostly the outlaw bikie gangs - Mongrel Mob seem to be the worst. Ergo the outlaw bikie gangs are evil - manifestly evil. 

 

Yet we continue to see soft pieces by naive journalists in the media about gangs being a surrogate family. Or a gang doing a charity run for sick children. Or a gang member expressing remorse and promising to turn their life around after their nth conviction. Or politicians supporting initiatives of any sort partnering with the gangs. 

 

 


Handle9
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  #3349745 3-Mar-2025 21:25
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DMWellington:

 

I'm not sure AML was enacted due to meth sales.

 

It's part of doing business internationally and if we didn't have AML we would be seen as a risky place to do business with. AML or Know your customer, is also tired to anti-terrorism and not just proceeds of crime. The vast majority of meth sales in NZ will be cash and that's why gangs buy things like motorbikes and boats and stuff and not a whole lot of real-estate or shares where the transactions are digital and subject to AML rules. 

 

 

AML/CFT rules were enacted so New Zealand didn't go on the FATF grey or black lists. It had nothing to do with meth.


Tinkerisk
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  #3349803 4-Mar-2025 06:39
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Rikkitic:

 

According to this article in the Herald, meth is cheaper than ever and consumption has doubled in the past year.

 

 

Thank you for the offer. Unfortunately, there is basically no need, neither in the family nor with friends. 😁😉🥳

 

 





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