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Libyan Held at Tunisia Border for Possessing a Million Dollar Banknote

(Author: Libyan Gazette Editorial Staff)

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A one million dollar banknote and a certificate claiming the authenticity and worth of the note was confiscated by Tunisian Customs on Thursday.

The carrier of the note was a Libyan who had crossed into Tunisia at the D’hiba border in the Tunisian Tataouine province.

The million dollar banknote is considered to be highly valuable since it is used for trading by central banks, businessmen or petroleum companies, according to local Tunisian media.

The US Treasury Department on the other hand says that million dollar bank notes do not exist and are definitely illegal.  

“People have sent in copies of these notes. We have found that they are nonnegotiable platinum certificates known as a ‘One Million Dollar Special Issue’. These notes were from a special limited copyrighted art series originally sold by a Canadian firm for $1.00 each as a collectible item,” said the US Treasury Department in a statement posted on their website.

“They are not official United States currency notes manufactured by our Bureau of Engraving and Printing (BEP). As such, they are not redeemable by the Department of the Treasury.”

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