B$1M rumour quashed

AUTORITI Monetari Brunei Darussalam (AMBD) recently learnt that there had been false information circulating among members of the public via social media and text messages concerning the issuance of BND1 million and a certificate supporting the currency.

AMBD advises the public to be cautious and not to be deceived when receiving any information from unofficial sources, particularly on matters relating to monetary policies, currency issuance, and the regulation of financial institutions. They are also advised not to disseminate any unverified and false information.

AMBD reminds the public that it is against the law to possess forged and counterfeit currency notes and bank notes under the Penal Code (Cap 22), punishable upon conviction with a fine and imprisonment up to a maximum 10 years.

More information on Brunei Darussalam’s currency notes and coins can be obtained through the AMBD App, which can be downloaded from the AppStore and the Google Playstore or AMBD’s website at http://www.ambd.gov.bn; or by following AMBD on Instagram at @autoriti_monetary.