Dhaka: The policy of Dhamaka Shopping to capture the market by selling products online with unusual discounts was not clearly known to the customers of the company. The outcry that the parent company ‘Invariant Telecom Bangladesh Limited’ informed the merchants that they would understand the issue of giving discounts to the customers.
The company will take the product at a fixed price as per the agreement with the merchants. At the same time, the parent company will invest the amount of money that will be given to the customers after one year. Besides, merchants have nothing to worry about. So merchants do not know the details of the related business policy.
This information was given by the traders or merchants supplying goods to the customers of Dhamaka Shopping at a press conference at Dhaka Reporters Unity (DRU) at Segunbagicha in the capital around 11 am on Saturday. In a press conference under the banner of Invariant Telecom Bangladesh Limited Seller Association, 650 merchants sought government intervention to get back about Tk 200 crore they had invested. So far, they said, customers have more than one lakh pending orders, amounting to around Tk100 crore.
Zahidul Islam, Media Coordinator of Sellar Association gave the keynote address at the press conference. President Jahangir Alam Emon answered various questions of the journalists. Dhamaka Shopping Chairman Dr. to explain the debts of merchants in the next five days. M Ali, Managing Director Jasimuddin Chishti, and the concerned authorities were requested at the press conference.
“Dhamaka Shopping” has laundered around Tk117 crore taken from customers in the name of so-called e-commerce business. The Criminal Investigation Department (CID) said it had received evidence of the allegation. The CID has filed a case against SMD managing director Jasim Uddin Chishti, his wife, three children, and a director of Dhamaka Shopping and four other companies on September 9.
The case alleges that the amount of money and assets smuggled could be further increased if the deposit and withdrawal slips of the bank accounts of the accused persons and institutions and information on assets outside the country are found.
Dhamaka Shopping charges Tk. In the beginning, the e-commerce company embezzled money by giving the product to some customers but later it did not give the product to anyone else. Besides, Dhamaka Shopping has not paid any money to 650 companies even though it has taken products worth around Tk 200 crore.
Jasim Uddin Chishti, MD of Dhamaka Shopping, who has dual citizenship, and his wife and children have been in the United States since last July. Only Director (Operations) Safwan Ahmed is in the country among the senior officers of the company. The CID investigation also revealed that a part of the trafficking took the Chishti family to the United States.
The CID has been on a probe against Dhamaka Shopping since June 30 on charges of money laundering by selling tempting offers of various products and virtual signature cards in the name of e-commerce using the online platform.