Wednesday, August 10, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News National

BSP to file charges against citizen who burned P20 bill in a video posted on social media

Manila StandardbyManila Standard
July 18, 2022, 10:50 pm
in National, News
Reading Time: 2 mins read
A A
128
SHARES
Share on FacebookShare on TwitterShare on Email

The individual who posted a video on social media showing him burning a P20 banknote will face charges.

The Bangko Sentral ng Pilipinas (BSP) has already filed the necessary charges against the individual, according to BSP Strategic Communication and Advocacy Managing Director Antonio Lambino II.

Lambino said the BSP has been in coordination with the Philippine National Police (PNP).

“That is prohibited. The BSP and the PNP have filed charges against this… Let us not intentionally destroy our banknotes because this is prohibited,” Lambino, quoted by GMA News, said.

A netizen posted a video on the social media site Tiktok showing him burning a P20 bill, which the central bank earlier flagged.

ADVERTISEMENT

BSP Senior Investigation Officer Atty. Mark Fajardo in April said the video was taken down after receiving backlash from other netizens, and the location of the uploader has already been identified, GMA News reported.

Under Presidential Decree 247 signed by the late dictator former President Ferdinand Marcos in 1973, the defacement, mutilation, tearing, burning, or destruction of central bank notes and coins was made illegal.

The law mandates that any violator will be punished by a fine of not more than P20,000, and/or imprisonment of not more than five years.

BSP Quezon City Representative Dickenson Gamalo advised the public earlier saying “these violations can be committed even on social media. You have no escape.”

Lambino also called on the public to take care of the currency, whether they be paper bills — paper or polymer — or coins. The BSO official also noted that while the public is discouraged from stapling the bills, these are still considered legal tender even with staple marks.

“Possession and use of stapled bills is not illegal. Stapled bills should be accepted and can still be used in daily transactions,” Lambino said, adding that “the public should take care of our currency. Let us take care of our bills and our coins.”

Tags: Bangko Sentral ng PilipinasP20 banknoteSocial Media
ADVERTISEMENT
Manila Standard

Manila Standard

Related Posts

Biden concerned over China drills

byManila Standard
August 10, 2022, 12:50 am
0
128
Biden leaves for Asia under Ukraine, N.Korea nuclear shadows

US President Joe Biden voiced his concern Monday over China’s extension of military drills around Taiwan, but added that he...

Read more

Ombudsman drops bribery raps vs. De Lima, Dayan

byManila Standard
August 10, 2022, 12:40 am
0
131
Sy, witness vs. De Lima, dies of stroke in NBP prison

The Office of the Ombudsman has dismissed bribery complaints against former senator Leila de Lima and her former bodyguard over...

Read more

Olivia Newton-John succumbs to cancer

byAFP
August 10, 2022, 12:30 am
0
136
Olivia Newton-John succumbs to cancer

Singer Olivia Newton-John, who gained worldwide fame as high school sweetheart Sandy in the hit musical movie “Grease,” died on...

Read more

Japan fashion icon Issey Miyake dies

byAFP
August 10, 2022, 12:20 am
0
132
Vax wastage, infection surge feared in Odette-hit areas

Japanese fashion designer Issey Miyake, whose global career spanned more than half a century, has died aged 84, an employee...

Read more

Romualdez reaffirms strong PH-Japan bilateral relations

byMaricel Cruz
August 9, 2022, 11:40 pm
0
132
Romualdez reaffirms strong PH-Japan bilateral relations

Speaker Martin Romualdez on Tuesday assured Japanese Ambassador to the Philippines Koshikawa Kazuhiko that the Philippines will continue its strategic...

Read more

Villar, Ejercito named deputy majority leaders

byMacon Ramos-Araneta
August 9, 2022, 11:30 pm
0
140
14 DPWH district engineers sacked on corruption raps

Senators Mark Villar and Joseph Victor Ejercito were designated on Tuesday as deputy majority leaders of the upper chamber. Meanwhile,...

Read more

Stories you may like

  • Zubiri new Senate President, vows to uphold chamber’s independence

    Marcos sees stronger PH-India relations

    5722 shares
    Share 2289 Tweet 1431
  • Showbiz icon Cherie Gil dies at 59

    2609 shares
    Share 1044 Tweet 652
  • Replevin and its common law origins

    1253 shares
    Share 501 Tweet 313
  • Fuel rollback next week, power rate cut in August

    1166 shares
    Share 466 Tweet 292
  • Getting into character: How the cast of ‘Maid in Malacañang’ prepared for their roles

    2748 shares
    Share 1099 Tweet 687

Print Edition

View More

Recent Posts

  • Biden concerned over China drills
  • Ombudsman drops bribery raps vs. De Lima, Dayan
  • Olivia Newton-John succumbs to cancer
  • Japan fashion icon Issey Miyake dies
  • Need for more boosters
  • Let the ICC investigate the drug war killings
  • MVP turns 76, holds high hopes
  • As Beijing rages over Taiwan, mood on China’s streets muted

Advertisement

Latest News

Let the ICC investigate the drug war killings

byErnesto M. Hilario
August 10, 2022, 12:10 am
0
128
A new deal for OFWs

"Where there’s been a crime, there should be punishment. But the apparent move to keep the withdrawal from the ICC...

Read more

MVP turns 76, holds high hopes

byTony Lopez
August 10, 2022, 12:05 am
0
132
UnionBank buys Citibank’s local business

"PLDT is the dominant integrated telecommunications and digital services provider in the Philippines with the largest fixed broadband network and...

Read more

As Beijing rages over Taiwan, mood on China’s streets muted

byAFP
August 10, 2022, 12:00 am
0
135
Nullity of marriage: a defense in bigamy cases

"China sees Taiwan as part of its territory and has vowed to one day take it, by force if necessary,...

Read more

Mayor Along recognizes PDEA operatives on seizing 3.4M worth of drugs, leading to the arrest of police officer

byJun David
August 9, 2022, 11:52 pm
0
133
Caloocan commended  for livelihood programs

The Caloocan City government, led by Mayor Dale Gonzalo “Along” Malapitan, recognized and commended the Philippine Drug Enforcement Agency (PDEA)-Northern...

Read more

Remittances offer crucial support amid rising prices, weakening economy

byManilaStandard
August 9, 2022, 11:47 pm
0
132
Remittances offer crucial support amid rising prices, weakening economy

On a global scale, inflation has been influenced by multiple factors such as the COVID-19 pandemic, fuel price increases, and...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App