BNM, police combat currency crime
KUCHING: Bank Negara Malaysia ( BNM) is working closely with the banking industry and police in the fight against currency crime.
Head of BNM Kuching Rosani Mahamad Zain said although the number of counterfeit banknotes in Malaysia remains low, it’s important to advocate the general public on Malaysia’s currency and security features.
“The public should be able to identify any counterfeit currency notes through the simple ‘Feel, Look, Tilt and Check’ guide.
“We advise the public to remain vigilant, especially the ‘ pasar malam’ (night market) vendors when handling currency notes
We advise the public to remain vigilant, especially the ‘pasar malam’ (night market) vendors when handling currency notes as counterfeit banknotes normally come in larger denomination of RM50 and RM100. Rosani Mahamad Zain, Head of BNM Kuching
as counterfeit banknotes normally come in larger denomination of RM50 and RM100.
“The operation enables the public to learn about the most practical and easiest techniques to authenticate our currencies and learn the security features found in our currency notes,” she told reporters at the ‘Bank Negara Malaysia Currency Education and Public Awareness’ campaign at Metrocity on Wednesday.
She said those who have received such notes should immediately make a police report.
Rosani added that night markets had a higher tendency for counterfeit currency notes to circulate due to the rather dark environment.
This is the first phase of operation targetting night markets and the third of its kind in the state.
The second phase of the operation will be carried out at shopping malls and wet markets.