Gift Shops warned; Money bouquets will get you 10-year jail
THE Bank of Zambia (BoZ) has warned of a possible 10-year imprisonment, once convicted, for people using money to make a bouquet, as this is treated as deliberately mutilating and degrading the local currency.
Responding to a trend where citizens are using money, Kwacha and United States dollars to make a bouquet, BoZ Deputy Governor – Operations, Elias Chipimo discouraged the public from this practice.
“Under the BoZ Act, the wilfully mutilation and degradation of the currency is punishable by law. I think it is something like a million penalty units and if convicted, it will be up to 10 years imprisonment.