fbpx

KUALA LUMPUR, Dec 17, 2014:

Photos showing purported new bank notes of RM100 and RM50 denominations have been circulating in Facebook recently.

The pictures of the alleged new notes was posted by a Facebook group called “Dunia Lelaki Maskulin” (Masculine Men’s World) yesterday has garnered more than 12,300 likes and 1,400 plus shares.

It depicts a RM50 note coloured in orange and light blue tinge, adorned with images of the Sultan Abdul Samad building, KL Tower and the Kuala Lumpur Twin towers.

The RM100 note — coated in a glaring shade of gold, is being sold as “Gold foil banknotes” in several online marketplaces such aswww.mudah.my— at between RM35 and RM40 per piece.

Checks byThe Rakyat Post revealed that the RM50 note is a commemorative “polymer” banknote issued by Bank Negara Malaysia, in co-operation with Sukom Ninety Eight Bhd to commemorate the 1998 Kuala Lumpur Commonwealth Games.

Meant as a collector’s item, the note which is legal tender, was produced in a limited quantity of 500,000 units and sold at RM80 per unit when it was first released.

It carried the signature of former Bank Negara Malaysia (BNM) governor Tan Sri Ahmad Mohd Don.

Checks revealed that the note is currently being sold at RM500 per piece.

The “golden” RM100 notem, however, is revealed to be a fake as a source from BNM confirmed that no such notes were ever released by them.

The source, who refused to be identified, said that by marketing such counterfeit notes as commemorative notes issued by BNM, is against the law as it could mislead the public.

BNM is expected to issue an official statement on the matter today.

Section 489 of the Penal Code (Offence Relating to Currency Matters), subsection (a), (b), (c), (d) states that those forging or counterfeiting; using; in possession and; making or possessing instrument or materials for forging or counterfeiting currency notes or banknotes could face up to 20 years in jail and fined.

Related Posts

Related Posts


Warning: Invalid argument supplied for foreach() in /usr/share/nginx/html/wp-content/themes/jnews/class/Module/ModuleViewAbstract.php on line 355

Related Posts

Next Post