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49 e-com firms blacklisted, legal action soon

Published : 01 Nov 2021 10:38 PM | Updated : 03 Nov 2021 02:29 PM

The authorities have blacklisted 49 e-commerce platforms and legal action will be taken against them as per recommendation of the commerce ministry, an official said on Monday.

AHM Shafiquzzaman, additional secretary to the commerce ministry and chief of Digital Commerce Cell (DCC), said this at a press briefing after a meeting of the DCC with the senior officials of different ministries, departments and agencies of the government at the commerce ministry office in Dhaka on Monday.

Shafiquzzaman, also the head of 15-member Cabinet committee on e-commerce, said that a report on the issue will be submitted to the Cabinet Division before November 11.

Read more: Registration must for e-commerce firms

Regarding the Tk214 crore stuck in payment gateways since the introduction of an escrow service, the official said, "Criminal Investigation Department (CID) has blocked the money. We will write to the home ministry to defreeze it. Customers will get refund afterwards."

"We are hopeful that the CID will defreeze the accounts soon so that we can pay back the money of the affected consumers and merchants in the shortest possible time," Shafiquzzaman said.

Some 1 per cent or 2 per cent service charges may be applied on the consumers and merchants while disbursing the money stuck up in the escrow payment gateway, the chief of the DCC also said.

A large number of customers have been deceived by various e-commerce companies, including Evaly, e-Orange, Dhamaka even after paying money in advance.

To curb such fraud and protect the interests of consumers, the government issued guidelines for the management of digital commerce, which calls for the use of escrow services.

Later, the Cabinet formed a committee to restore discipline in the industry and protect customers and merchants from further losses.

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