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Viral Photocopy of Rp20,000 Banknotes, This is Bank Indonesia's Response

Viral Photocopy of Rp20,000 Banknotes, This is Bank Indonesia's Response

Dream - A commotion on social media, the distribution of Rp20,000 banknotes from the 2022 emission turned out to be counterfeit money. As seen in the Instagram post by @merapi_uncover, this Rp20,000 money was distributed by a group of mothers. "Earlier this afternoon, at 14:47, I came home from school and there were some mothers who distributed money, but it turned out to be counterfeit money that was photocopied. The location is in the Monginsidi area," as quoted from the @merapi_uncover account, Monday, January 29, 2024.

"Bank Indonesia Response"

"Bank Indonesia then responded to the counterfeit money, Executive Director of the Communication Department of Bank Indonesia, Erwin Haryono reminded the public not to play around with the rupiah because it involves criminal elements."

"The act can lead to counterfeiting of money which has criminal elements as regulated in the Currency Law (Law Number 7 of 2011),"

He said to Liputan6.com, Monday, January 29, 2024.

               

He added, photocopying Indonesian rupiah can also result in severe punishment.

Viral Photocopy of Rp20,000 Banknotes, This is Bank Indonesia's Response

"The weight of the crime is not only because the perpetrator can illegally gain economic benefits, but also a violation against money as the sovereignty of the state,"

he said.

               
Viral Photocopy of Rp20,000 Banknotes, This is Bank Indonesia's Response

Erwin stated that, besides Bank Indonesia (BI), there is an official body called the Counterfeit Rupiah Eradication Coordination Agency (Botasupal) that handles counterfeit money. Botasupal is under and accountable to the President.

Viral Photocopy of Rp20,000 Banknotes, This is Bank Indonesia's Response

The translation of the given 'Bahasa' text to 'English' while preserving any html tags is as follows: "The function is as a coordinator for the eradication of counterfeit rupiah (integrating activities and operations to eradicate counterfeit rupiah carried out by related agencies/institutions. The organizational structure of Botasupal consists of the Chairman of Botasupal, ex-officio held by the Head of the National Intelligence Agency. Meanwhile, the elements of Botasupal consist of the National Intelligence Agency, the Indonesian National Police, the Attorney General's Office, the Ministry of Finance, and Bank Indonesia."

Viral Photocopy of Rp20,000 Banknotes, This is Bank Indonesia's Response
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