Sun06242018

LAST_UPDATESun, 24 Jun 2018 11am

Brunei Central Bank Dismiss Rumors Of Counterfeit Note

BANDAR SERI BEGAWAN -- Autoriti Monetari Brunei Darussalam (AMBD), Brunei's central bank assured the public Saturday that there is no counterfeit 100-Brunei-dollar note in the market, China's Xinhua News Agency reported.

The AMBD said in a press release that it has recently found a video circulating on social media and through text messages with regards to a counterfeit 100-Brunei-dollar note.

"AMBD, upon investigation, has found that the note was paper and does not have the features of a polymer note, specifically a 100-Brunei-dollar polymer note. AMBD would like to share that all Brunei Darussalam's polymer banknotes have distinctive security features. Details of these security features can be found on AMBD's website."

The central bank warned that it is an offence for any person to issue any currency notes and coins, or any document or token, which resembles or is likely to pass as legal tender, and shall be liable upon conviction to a fine and imprisonment of maximum 15 years.

"It is also against the law to possess forged and counterfeit currency notes and bank notes, punishable upon conviction with a fine and imprisonment up to a maximum period of 10 years," AMBD added.

-- BERNAMA