A new five-member Board of Directors of the controversial e-commerce platform Evaly Limited has been formed to run the company as per the direction of the High Court.
The new board included former Chairman of the Evaly Shamima Nasrin, Shamima’s mother Farida Talukder Lily and her sister’s husband Md Mamunur Rashid.
It has also included a representative from the Ministry of Commerce and a representative appointed by the e-commerce Association of Bangladesh (e-CAB).
Meanwhile, the High Court-appointed five-member Board of Directors (BoD) headed by Justice Shamsuddin Chowdhury Manik has resigned. They have already submitted an application regarding the issue to the High Court on Wednesday.
The new board members will hold their first meeting on Thursday. The board meeting might determine the new board Chairman and other functions of the company.
Following a petition filed by a customer the High Court bench of Justice Muhammad Khurshid Alam Sarkar on September 22 in 2021 directed the concerned bodies to be restrained from selling, transferring or otherwise dispose of the assets of the Evaly till the disposal of the case filed with the High Court.
The same HC bench on October 18 in 2021 formed a 5-member body headed by Justice Shamsuddin Chowdhury Manik, a former judge of the Appellate Division of the Supreme Court, to oversee the overall management of the Evaly Limited.
Later on August 24 this year, following another petition the High Court bench of Justice Muhammad Khurshid Alam Sarkar directed the court-appointed body to include Shamima and her two relatives as the board members by September 22 this year and inform it to the court by September 25.
The court-appointed board has prepared an audit report that has also been submitted to the High Court.
Millions of taka has been transacted by Evaly but there is no specific account, statements and documents in this regard. From this situation, it can be guessed that there might be money laundering by the Evaly, said Justice Shamsuddin Chowdhury Manik.
"However, we did not declare Evaly bankrupt as new investors can invest money to the e-commerce platform in order to run it. We have appointed five members of the board of directors for Evaly in line with the High Court directives," he added.
MS
