Industrial giant of Bangladesh Jamuna Group is all set to invest up to Taka 1,000 crore in e-commerce entity Evaly, which has been in the news recently for alleged anomalies.
Media reports maintained this even as a statement issued by Evaly maintained Taka 200 crore will be invested by Jamuna initially, followed by the remaining investment in phases.
Meanwhile, speaking to the media, founder and CEO of Evaly Mohammad Rassel, reportedly, said, “We, as a local venture, are really pleased to have another local company by our side,” even as he underlined further that through this investment Jamuna has become part of the ongoing investments coming into Evaly, adding that the business group has the opportunity to invest in the next phase as well.
It may be mentioned here that a recent Bangladesh Bank probe maintained that the liabilities of Evaly to its customers stood at Taka 213.94 crore and to merchants Taka 189.85 crore (as of 14 March) even as several agencies, including the Anti-Corruption Commission, have been carrying out investigations into the alleged embezzlement/transfer of Taka 338.62 crore by Evaly.
