Categorized | Business, Technology

Tags :

Counterfeiting S$50 note is ‘not derisory enough’, S’poreans proclaim

Posted on 01 June 2016

Should aim for S$10,000 note, which is twice as derisory.


Singaporeans from all walks of life, who like to think big and act big, said the act of counterfeiting S$50 Singapore notes is “not derisory enough”.

This after a 52-year-old man believed to be involved in the production of counterfeit S$50 notes has been arrested.

One Singaporean, Pang Tua Pao, said: “Counterfeiting S$50 note is a joke and not derisory enough.”

This is in reference to Prime Minister Lee Hsien Loong’s lawyer, Davinder Singh, who coined a new unit of currency in May 2014, where S$5,000 was labelled a “derisory”.

Jiang Zhua Zee, another local, explained how to make matters more derisory: “Instead of S$50 notes, the man should have aimed for S$10,000 notes.”

“S$10,000 would be equivalent to two derisory, so that is better and more worth it.”

“Hence, Singaporeans should focus on creating a ‘super derisory’ note, which is equivalent to 120 derisory or S$600,000, which is also known in Singapore as ‘peanuts’.”

“Peanuts” is a unit of currency worth S$600,000 coined by ex-Prime Minister Goh Chok Tong’s wife in July 2005 during the National Kidney Foundation scandal.







This post was written by:

- who has written 2685 posts on New Nation.

Wang Pei can be considered a new citizen of Singapore. She has been here all her life, just that her environment's changed beyond recognition.

Contact the author

  • Phytomorphogenesis

    Wang Pei, if you run in my GRC, NOT as a natural aristocrat in hypocrite whites, I will vote for you.

    When is this country ever going to return to a fair and just elections system, and not some ridiculous GRC where most Singaporeans have no idea and will never meet until the next General Elections?