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Dhaka Tribune

Ministry blacklists 49 e-commerce platforms

Update : 01 Nov 2021, 03:50 PM

As many as 49 e-commerce platforms have been blacklisted and legal actions recommended against them, according to the commerce ministry.

The names of the firms will be forwarded to the Bangladesh Financial Intelligence Unit (BFIU), said Additional Secretary AHM Shafiquzzaman, who heads the recently-formed Cabinet committee on e-commerce.

His remarks came on Monday, after the second meeting of the 15-strong panel.

The committee will file its report with the Cabinet Division by November 11, said Shafiquzzaman. 

He added that the e-commerce platforms will officially be able to register in a month and will be provided with unique business identification numbers within two months of registration.

Responding to queries on Tk214 crore currently stuck in the payment gateways, the additional secretary said that they will write to the home ministry to de-freeze the funds blocked by the Criminal Investigation Department (CID).

The government launched a crack-down on e-commerce platforms after consumer complaints of not receiving products despite paying in advance.

Evaly CEO Mohammad Rassel and his wife Chairperson Shamima Nasrin are currently in jail while law enforcers have also arrested top officials of E-Orange, Dhamaka and Ring-ID. 

In order to protect the interest of consumers, the government issued guidelines for the e-commerce companies which include the introduction of escrow services.

In an escrow payment service, money paid by customers for ordered goods from e-commerce companies gets deposited in third-party payment gateways. 

The companies receive the money after submitting supporting documents proving the goods have been delivered.

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