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VOL. LIII No. 108
City of Tagbilaran, Bohol, Philippines
Sunday, May 27, 2007

ADVERTISERS
Towns get reward for
12-0 TU sweep
Fake paper bills used to
  buy votes
Elected mayor
  disqualified; Comelec
  decides 6 petitions

Three to vie LMP

  presidency
OPINION
Obiter Dictum
Juan L. Mercado
Sundry
Viewpoints
One Voice
LINKS
 
 

Fake paper bills
used to buy votes
By KIT BAGAIPO

   
 

BOGUS BILLS. Allied Bank Manager Zeny Uy (r) presents fake paper bills to Central Bank investigator Andres Catanjal (l) which surfaced few days after the May 14 elections.
 

The proliferation of P1000 and P500 counterfeit paper bills deposited in at least four banks here is triggering speculations that these may have been used to buy votes during the recent polls.

As of Friday, bank officials of Allied Bank, City Savings Bank, Development Bank of the Philippines (DBP) and Cooperative Bank of Bohol have discovered a total of P19,000 fake bills that were presented to Bangko Sentral ng Pilipinas investigator Andres Catanjal.

Catanjal flew in from Manila after alarming reports of the proliferation of counterfeit money was made by the Bohol Bankers Association President Rodney Lumuthang last Wednesday.

   

The Banko Sentral personnel came to check if the counterfeit bills proliferation is election-related. It may be recalled that PNP Central Visayas issued a public advisory days before the elections that bogus paper bills may be used in vote-buying activities.

DBP alone has received 9 fake P1,000 paper bills and 4 P500 bills. Allied Bank received 4 fake P1,000 bills and 2 P500 bills.

However, DBP Branch Manager Ma. Ofelia Tesorio clarified that some of the counterfeit bills turned over by their bank was discovered prior to the May 14 elections.

The discovery of fake bills right after the May 14 polls have spurred talks that these were used to buy votes.

Massive vote-buying in Bohol has been observed in some towns where some candidates reportedly shelled out P200 to P3,000 for each voter in their areas.

Vote-buying activities of candidates in the province was observed to be rampant in the hotly contested mayoralty race of Panglao, Trinidad, Loay, Albur, Guindulman, Calape and Candijay.

According to Allied Bank Manager Zenaida Uy, their bank had discovered the fake bills after the elections, three P1,000 bills bore the same serial numbers IW409158.

These counterfeit bills were reportedly deposited by clients from the towns of Loay, Loon and Calape.

According to Catanjal, the counterfeit bills will be brought to the Central Bank for examination while the Bohol Bankers Association has issued a public advisory on the proliferation of fake bills.


 
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