Chris Ellison WA, Liberal Party, Minister for Justice and Customs
3:25 pm
As I have said, AUSTRAC has signed an MOU with the Cole inquiry and is assisting the Cole inquiry. In relation to the Volcker inquiry, that was a totally different situation. AUSTRAC was not able, under its legislative framework, to provide information to that inquiry. The Cole commission of inquiry is one set up in Australia and one which AUSTRAC can enter into an MOU with. I did not instruct AUSTRAC in any way in relation to its dealings with the Volcker inquiry. The decision in relation to the Volcker inquiry was made by AUSTRAC itself and was done within its legislative framework.
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