The Bangko Sentral ng Pilipinas has filed a complaint against a TikTok user who posted a video burning a Php20 bill.
In the video, the uploaders were seen burning the Php20 bill to use to light up a bottle of gin. The video, with the words written “oo gin lang kame pero legit”, was taken down by the original uploader before it was captured and then reuploaded by other users.
@dontbefooled3 The Bangko Sentral ng Pilipinas (BSP) warns the public that the willful defacement, mutilation, tearing, burning or destruction of Philippine banknotes and coins are punishable by a fine of not more than PHP20,000.00 and/or imprisonment of not more than five years, under Presidential Decree No. 247. #burningmoney #fyp #zxycba ♬ Se Acabo Remix – Orlisz F’brianno
As per the central bank, the user violated Presidential Decree No. 247, which prohibits the “defacing, mutilating, tearing, or partially burning or destroying our currency by any means.”
Those who will violate the law will face a fine of not more than Php20,000 and/or imprisonment of not more than five years.
Atty. Mark Fajardo, BSP senior investigation officer, said that banknotes and coins are the property of the Republic of the Philippines.
The original uploader apparently received backlash from the public before immediately taking it down.
BSP and corresponding authorities have already identified the original uploader.
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The central bank has also filed a complaint charging the uploader for violating Article 154 of the Revised Penal Code that’s against unlawful aggression and the Cybercrime Prevention Act of 2022.