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August 22, 2015

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Central bank in spelling blunder

Singapore鈥檚 central bank has apologized for misspelling the name of the city-state鈥檚 first president on the packaging of a special currency issue marking the country鈥檚 50th year of independence.

The name of the late President Yusof Ishak was spelt 鈥淵usok Ishak鈥 on the cover folder containing the S$50 (US$35.6) and S$10 commemorative notes, launched on Thursday, much to the embarrassment of the Monetary Authority of Singapore.

鈥淭his should never have happened, is not acceptable, and I take full responsibility,鈥 MAS Managing Director Ravi Menon said.

鈥淲e will put this right.鈥

Apart from the cover folder, the error also appeared in an enclosed booklet, although there were no mistakes on the dollar notes celebrating the anniversary.

The MAS said it was printing stickers to fix the error.

Singapore became a republic on August 9, 1965, when it was ejected from the Malaysian federation following a stormy two-year union.


 

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