Illegal Use of Autoriti Monetari Brunei Darussalam’s Name and Logo

Autoriti Monetari Brunei Darussalam, AMBD, recently has found a letter purporting to have been issued by AMBD bearing the name and logo of AMBD has went viral in the social media. AMBD wishes to clarify that such letter is not authentic and would like to emphasise the following:

- Any person who uses AMBD's name, symbol, design or representation without its express written permission or uses a name, symbol, design or representation which is identical or resembles AMBD's name, symbol, design or representation there of as to deceive or cause confusion or to be likely to deceive or cause confusion, is committing an offence which carries a penalty of a fine not exceeding 20 thousand dollars, imprisonment for a term not exceeding seven years, or both, and

- Any person who, whether orally or in writing or by any other means, spreads false reports or makes false statements likely to cause public alarm or despondency, is committing an offence, which carries a penalty of a fine of 3 thousand dollars or imprisonment for three years.

AMBD would like to advise members of the public to stay vigilant and wary when receiving communication materials purporting to be approved by AMBD through the illegal use of AMBD's name, symbol, design or representation, requesting for payments or personal details. If members of the public receive letters from AMBD which is believed to be false, the public may contact 2388388 or email to info@ambd.gov.bn.

Source: Radio Television Brunei