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Bangladesh eCommerce association cancels eOrange membership for breaching guidelines

The E-commerce Association of Bangladesh (E-CAB) has decided to cancel the membership of the online commerce platform eOrange's due to allegations of fraud.

Dhaka — The E-commerce Association of Bangladesh (E-CAB) has decided to cancel the membership of the online commerce platform eOrange’s due to allegations of fraud.

Asif Ahnaf, director of e-Cab, the country’s association of e-commerce dealers, said selling vouchers following the introduction of the standards was a significant irregularity and a breach of the guidelines.

“Despite the fact that they were served with a show-cause notice on July 18, no suitable response regarding the time required to deliver the order was obtained. Now, it has been agreed to terminate e-participation Orange’s in e-Cab. Will be contacted within the next day or two.”

He stated that e-cab can function similarly to an organisation. Additionally, e-Cab has notified the Ministry of Commerce, which will take appropriate measures. Asif stated that e-cab will seek to safeguard the interests of all stakeholders in order to foster confidence between customers and traders.

The Central Bank, the Ministry of Commerce, and E-CAB announced the Management Guidelines on July 4 following a series of discussions.

However, the evidence that such institutions have been exempt from the policy for the last month and a half is mounting.

Jasim Uddin Chishti, the MD of another e-commerce company Dhamaka, laundered enormous quantities of money to the United States.

Despite multiple delivery date changes, eOrange never explained the merchandise to any buyer. Even those holding double money vouchers are useless, the victims stated.

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