80 Million Pesos Found in Rebel Vault in Marawi

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robert k
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Posted

When they take bills out of circulation? It must be tough to trade all that in for new bills?

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mogo51
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Posted
18 hours ago, Dave Hounddriver said:

Marawi City (CNN Philippines, June 6) — Government forces recovered almost ₱80 million in cash and checks after flushing out Maute fighters in a house in Marawi City on Monday.

In a media briefing on Tuesday, Task Force Marawi spokesperson Jo-Ar Herrera and Marine officers said P52.2 million in cash and P27 million-worth of stale checks were found inside a vault during a house-to-house clearing operation near Mapandi bridge.

http://cnnphilippines.com/news/2017/06/06/Marawi-crisis-Maute-cash-checks.html

If it ever hits the Treasury, it will be helpful in balancing the budget a little maybe.

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