A Police Regional Office memorandum cited the case on the aborted illegal shipment of the coins by a certain Wang. The coins, which amounted to P1 million, were placed along with scrap metals inside a 40-foot container van bound for China.
The memorandum, signed by regional police operations chief Rey Lyndon Lawas in behalf of the regional director, instructed all police units in the region to report similar cases for submission to the Bangko Sentral ng Pilipinas on or before March 28.
BSP's Circular No. 98 prohibits the importation or exportation of coins exceeding P10,000 without the authorization from the BSP. - Norvie S. Misa