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Dhamaka Shopping suppliers urge govt to help recover Tk 200 crore from beleaguered e-commerce firm

Dhamaka Shopping owes Tk 200 crore to suppliers and now they have sought assistance from government agencies to retrieve the debt.

Dhaka — Dhamaka Shopping owes Tk 200 crore to suppliers and now they have sought assistance from government agencies to retrieve the debt. On Tuesday, the suppliers wrote to Commerce Minister Tipu Munshi urging him to help them recover the money.

They stated in the letter that Dhamaka Shopping had promised to pay the debt within ten working days as per the agreement. However, the company still has to pay Tk 200 crore even after 150 working days. According to the letter, despite repeated reminders, the e-commerce company and its officials failed to pay on that date.

Suppliers of Dhamaka Shopping have urged the Commerce Minister to take the required steps to collect their debts, citing the humanitarian ground in view of ongoing pandemic and most of the supplier happens to be small and medium businesses. In this issue, SMEs petitioned the Commerce Minister to take into their predicament as merchants.

On July 27, the seized 14 private bank accounts belonging to Dhamaka officials on suspicion of money laundering. Among the confiscated accounts is Jasim Uddin Chishti’s personal bank account.

Dhamaka has failed to obtain its own bank account, despite the fact that it began operations in November last year. Through these personal accounts, the firm has been collecting money from purchasers.

Since its beginning in November last year, Dhamaka has amassed significant revenue from clients by offering 40-50 per cent discounts on a variety of products, including cars and motorcycles.

Additionally, the organisation gives a 35% discount on vehicles from a variety of renowned manufacturers, including Mercedes-Benz.

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