Letter to the Ministry of Home Affairs to file a case against Evaly.
Along with the case, the Commerce Ministry has sent a separate letter to the Anti-Corruption Commission (ACC) to take legal action after investigating the financial irregularities found by Bangladesh Bank against Evaly. The Commerce Ministry has written to the Home Ministry to file a case against popular e-commerce company Evaly.com for allegedly embezzling or illegally withdrawing Tk 338 crore from customers and merchants in defiance of the rules.
However, the ministry has sent a separate letter to the Anti-Corruption Commission (ACC) to take legal action after investigating the financial irregularities found by Bangladesh Bank against the uncontrolled Evaly.
The Commerce Ministry has directed the Department of Consumer Protection and the Bangladesh Competition Commission to take legal action by investigating the unjustified non-delivery of goods and refund of Rs 190 crore owed to merchants by taking an advance of Tk 214 crore from customers.
However, Commerce Minister Tipu Munshi, who took part in the policy discussion on e-commerce today, came up with the information of financial irregularities in the inspection report of Bangladesh Bank conducted on Evaly. There is no trace of a huge amount of money from customers and merchants.
The minister further said that according to the report of Bangladesh Bank, letters have been sent to the Ministry of Home Affairs, Anti-Corruption Commission, Department of Consumer Protection and Competition Commission to take necessary legal action to prevent embezzlement or illegal removal of money taken from customers and merchants.
IN a letter to the Home Ministry, the ACC, the Consumer Rights and Competition Commission on July 4, the Commerce Ministry said,
“Only 18.14% will be able to deliver or refund goods to customers with the current assets of Evaly.com.
The rest will be customers and merchants.” The company can’t pay the dues. Moreover, no trace of Tk 338.72 crore taken from customers and merchants has been found, which is likely to be embezzled or illegally transferred elsewhere. ”
However, in an inspection report issued by the Commerce Ministry last month,
Bangladesh Bank said the total liability of Evaly was Tk 407.18 crore. After receiving Tk 213.94 crore in advance from customers and Tk 179.75 crore from merchants, the company is expected to have at least Tk 403.60 crore in current assets but only Tk 75.18 crore.
An official from the Home Ministry’s public security department said police had already been sent to the headquarters to take the necessary action as per the Commerce Ministry’s letter.
“Investigations will be conducted and legal action will be taken against Evaly if he is found to be involved in anti-healthy competition activities.”