Only one in a million M'sian notes is counterfeit, says deputy finance minister | Malay Mail

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Only one in a million M'sian notes is counterfeit, says deputy finance minister

Tuesday, 03 Dec 2019 11:25 PM MYT

Only one per million notes of Malaysian ringgit in circulation have been found to be counterfeit. — AFP pic KUALA LUMPUR, Dec 3 — Only one per million notes of Malaysian Ringgit in circulation have been found to be counterfeit, the Parliament was told today. Deputy Finance Minister Datuk Amiruddin Hamzah said so far, the rate of counterfeit money in Malaysia was still low compared to other countries.

“We are lower than the United Kingdom at 128 notes per million, Euro , three pieces and in Australia, it is 17 pieces per million.The bill to ensure BNM remains the sole authority over the Malaysian currency was approved after more than an hour's debate. — Bernama

 

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LOL! ... only an idiot would want to counterfeit a depleting fiat currency.... as it cost a lot of money to print.

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 /  🏆 1. in JP

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