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The RCMP are investigating the $1 billion sell-off of BC Rail for potential influence peddling and fraud, according to court documents released this week.

Media reports indicate senior BC government employees may have traded confidential information on BC Rail for benefits or future employment.

The RCMP raided several BC ministers offices in December.

Communities in northern BC fear a privatized BC rail will mean job loss, less community control and a further decline of resource-based rural communities.