Dhaka — Suspicious transactions of various controversial e-commerce companies have recently increased in the postal department’s mobile financial service ‘Nagad’. The company has provided information on several accounts involved in these transactions to multiple regulatory agencies and law enforcement agencies.
At the same time, Nagad has temporarily suspended transactions of suspicious accounts. This information was given in a press release on behalf of ‘Nagad’ on Saturday (September 4). The matter has been formally complained to the Counter-Terrorism and Transnational Crime (CTTC) department. Nagad said the process of filing a case in this regard is underway.
Although the names of the suspicious e-commerce companies have not been mentioned by ‘Nagad’, various sources have said that there are various allegations including non-delivery of goods with money, embezzlement of customer’s money. Against Pradeep, Boom Boom, Qcoom, Adian Mart and Needs.com BD.
Among them, e-Orange’s bank transactions have been suspended. In addition, most of the banks have stopped their credit, debit and pre-paid card transactions with 10 digital commerce companies including Evaly, E-Orange and Alesha Mart.
So now they are transacting in financial services (MFS) through mobile. According to Nagad, in the last few days, abnormal transactions have been observed in the controversial e-commerce companies from the accounts of a number of ‘Nagad’ customers.
In light of this, some accounts have been temporarily suspended due to further reviews and scrutiny of transaction types.
Simultaneously, the list of accounts was handed over to Bangladesh Financial Intelligence Unit (BFIU), Bangladesh Telecommunication Regulatory Commission (BTRC) and Rapid Action Battalion (RAB).
In this regard, the Head of External Affairs of Nagad, Lieutenant Colonel Kawsar Sookat Ali (Retd.) Said, ‘Nagad is technically the most reliable organization in the country. Due to technical capabilities, it is difficult to conduct any malicious activities on the platform of ‘Nagad’.
Moreover, the fact that bringing transactions to digital platforms makes it easier to control criminal activity is a fact.
Since its inauguration on March 26, 2019, the Postal Department’s Mobile Financial Services ‘Nagad’ has been working to bring the financial transactions of the general public to a digital platform.
In the last two and a half years, the MFS operator has received 54 million subscribers. At the same time, the daily turnover has exceeded Tk700 crore.