Category Archives: Legislation

BSP Issues New Rules On P1,000-Bill Authentication

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Thanks to the investigative prowess of Senator Bato de la Rosa, the Bangko Sentral Ng Pilipinas (Central Bank of the Philippines) has issued new rules on the authentication of the P1,000-peso polymer bills.

In the recent Senate hearing on the alleged PDEA leaked documents implicating President Bongbong Marcos in alleged illegal drug use, the former Philippine National Police chief used the hole punch test in certifying to the authenticity of said documents.

In a new memorandum circular, BSP now requires all banks, government offices and merchants to stock up on paper hole punchers to be used in the new authentication process.

Under the rules which will go into effect on May 15, 2024, all those accepting the crisp bank notes are required to punch a hole on them. “If the hole punch goes through, then the bill is authentic,” BSP said. It added that a maximum of 10 punch holes is allowed on each bill, after which, the bank note must be exchanged for a new ne at any bank or financial institution.

PDEALEAKS: Senator Bato De La Rosa’s “Punch” Line

In a recent Senate hearing resembling a script from a comedy of errors, Senator Bato de la Rosa took the helm, orchestrating a farcical display of justice that would make even Shakespeare blush. With all the subtlety of a sledgehammer, de la Rosa danced between questioning witnesses and affirming his own righteousness, all while seemingly oblivious to the irony of his actions.

As the alleged PDEA leaks pointed fingers at Bongbong Marcos, de la Rosa, a former Police Chief, appeared more fixated on punch holes than the actual content of the documents. Was he practicing sarcasm or merely showcasing his investigative prowess? One can only speculate.

Meanwhile, witnesses stumbled through their testimonies like actors in a poorly rehearsed play, leaving more holes in their stories than Swiss cheese.

But fear not, for Senator de la Rosa was on the case, ready to deliver the hearing’s pièce de résistance—the punchline of punch holes. In this theater of the absurd, truth takes a backseat to political theatrics, leaving spectators scratching their heads and wondering if they’ve accidentally wandered into a circus instead.

Maharlika Now Cowering In Fear (video)