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Counterfeit new banknotes found

Kuwait Currency notesKUWAIT: “A limited and primitive” amount of counterfeit newly-circulated banknotes were discovered and legal procedures are underway to bring accountable whoever is behind this “outrageous” act to justice, Central Bank Gov Dr Mohammad Al-Hashel said Wednesday. “The counterfeit banknotes were not much, which underlines awareness and knowledge of the public regarding high security standards of the banknotes; the first line of defense against opportunists wanting to take advantage through illegal profiting,” Hashel told KUNA.

The sixth issue of the Kuwaiti banknotes is in circulation since June 29. Hashel urged citizens and expatriates alike to deal with the new banknotes with appropriate care and familiarize themselves with their security features, namely the shape of waves on the front side of the note, which changes color with a ring shape when tilted back and forth. The governor concluded by saying that the Central Bank is committed to deepening the public’s trust in the new banknotes. — KUNA

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This article was published on 10/07/2014