SOLOMON ISLANDS INVESTIGATES COUNTERFEIT NOTES

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HONIARA, Solomon Islands (July 29, 1999 – PACNEWS/SIBC)---Authorities in the Solomon Islands have been put on alert following the discovery of several counterfeit fifty-dollar notes in the country.

The Central Bank of the Solomon Islands has not ruled out the possibility of overseas involvement in the production of the fake notes, which have recently surfaced in the capital, Honiara.

Bank manager Rennick Akwila said there have been three previous attempts to counterfeit currency in the country but this has been the best attempt to produce accurate reproductions so far.

Authorities believe photocopy machines or computer scanners have been used to produce the counterfeits.

According to the Central Bank Governor Rick Hou, the counterfeit notes found so far seem to have been copied from genuine notes, as two of them have the same serial numbers.

Hou has urged the public to take time to examine notes before accepting them.

He said the bank will not replace any counterfeit notes with genuine ones and it is up to the public to safeguard themselves against such fraud.

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