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Bangladesh: CID files Tk117 crore money laundering case against Dhamaka

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Dhamaka started selling various products including cars and motorcycles in November last year. Dhamaka has been tricking thousands of their customers with lucrative offers like 'Double Taka Vouchers', 'Signature Cards', and hefty discounts.

: The Criminal Investigation Department (CID) has filed a Tk116 crore money laundering case against e-commerce company . The case was filed at the Banani police station in the capital on Thursday (September 9). The Officer-in-charge of Banani Police Station Noor Azam Mia confirmed the matter.

Dhamaka started selling various products including cars and motorcycles in November last year. Dhamaka has been tricking thousands of their customers with lucrative offers like ‘Double Taka Vouchers’, ‘Signature Cards’, and hefty discounts.

It is learned that a large portion of the money has been transferred to the accounts of Invariant Telecom and Microtrade Food and , associates of Microtrade Group, the owner of Dhamaka.

The rest of the money has been sent to the United States and other countries. Between December 2020 and August , Dhamaka Shopping had about Tk800 crore from its bank account.

After the bank accounts were seized in July, the balance in the company’s account was only Tk93,000. CID Special Superintendent of Police Humayun Kabir said cases have been filed against 6 individuals and three proprietors.

“Their transaction amount is around Tk800 crore. The suspicious amount is high. Initially, Tk116 crore has been sued on the basis of laundering information.”

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