• EDITORIAL POLICY
  • ABOUT US
PML Daily
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
PML Daily
No Result
View All Result
Home NEWS

Police will sort you! BoU warns Museveni, People Power supporters over writing on currency

JAVIRA SSEBWAMI | PML Daily Staff Writer by JAVIRA SSEBWAMI | PML Daily Staff Writer
December 10, 2019
in NEWS
0 0
2
SHARES
377
VIEWS
FacebookWhatsAppTwitter
BoU warns people who deface money may face trouble with the police (PHOTO/Screenshot Courtesy)

KAMPALA – The Central Bank on Tuesday warned that people who deface or destroy Uganda banknotes may face hefty fines including trouble with the police.

“This is wrong, deliberately writing on banknotes is a disrespectful way of handling money. Writing on Money is called graffiti and can get you into trouble with the police,” the Central Bank warned in a brief statement on Twitter.

A warning against the improper handling of currency came after images of different currency notes bearing both President Yoweri Museveni and Bobi Wine’s names were circulated widely online and attracted the regulator’s attention.

Yet to be identified individuals asked the public to vote for both candidates ahead of 2021.

“Vote Bobi Wine 2021”, is the latest message on UGX50, 000, UGX20, 000, UGX10, 000.

“BoU should issue an urgent directive on tampering with legal tender bills with such stupidity, ink prints must be rejected for any form of transaction. I am giving BoU and Police 48 hours to issue a statement,” a one Masha Abrah Abbie twitted, giving the Central Bank 48 hours to address the matter.

Willfully causing multiple random folds across the entire banknote that toughly affect its visual appearance and willfully exposing banknotes or coins to chemicals or other materials resulting in the acceleration of the defacement, destruction, or natural wear and tear of the note or coin are also prohibited in under the law.

Comments

Tags: BOUCentral BankdefacingIllegal cuurencyMONEYtop

Related Posts

Electoral Commission boss Justice Simon Byabakama (PHOTO/Courtesy).
NEWS

EC on the spot over leaked videos of alleged vote rigging, says they will investigate to ascertain their veracity

January 22, 2021
1.2k
Bobi Wine held massive rallies Acholi Sub Region (PHOTO/Courtesy).
NEWS

EU calls for probe into Uganda election violence, rigging as international community fronts questions on Museveni win over Bobi Wine

January 21, 2021
63
President Biden has targeted the elimination of billion-dollar oil and gas subsidies in the U.S. and called on other developed countries to do the same (PHOTO/Courtesy).
World

The Next 100 Days: Positioning Africa at the forefront of the Biden Administration

January 21, 2021
95
Photo taken in Arlington, Virginia, the United States, on Nov. 7, 2020, shows the live stream of U.S. Democratic nominee Joe Biden delivering a speech in Wilmington, Delaware (PHOTO/Xinhua).
World

Biden reverses U.S. withdrawal from WHO

January 21, 2021
104
Kampala Lord Mayor Erias Lukwago casts his vote earlier on Wednesday, January 20. (PHOTO/Courtesy).
NEWS

Lord Mayor Lukwago wins re-election as NRM is dealt another blow in local govt polls

January 21, 2021
669
Foreign Affairs Minister Sam Kutesa briefing the diplomats (PHOTO/Courtesy).
NEWS

Uganda briefs foreign diplomats on just-concluded presidential elections

January 21, 2021
352






 

 

About

The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda.

Follow us

KIU

  • EDITORIAL POLICY
  • ABOUT US

© 2020 PMLDAILY.COM

No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines

© 2020 PMLDAILY.COM

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In