One of the leading industrial conglomerates in the nation, Jamuna Group, has taken the decision to not invest in Evaly, the controversial e-commerce platform.
The director of marketing, sales and operations of the company, Mohammad Alamgir Alam, disclosed the company’s decision through a Facebook post on September 3.
Previously on August 27, he stated via another post on Facebook that the company did not make a final decision on if it would invest in Evaly.
Citing that the auditing of Evaly was still ongoing, he stated that the audit report determining consumer and merchant liabilities had not come out then, Jamuna Group was in no position to come to any decision regarding Evaly.
Based on the commerce ministry, Evaly had Tk 5.43 billion in current liabilities, including Tk 3.11 in customer liabilities, until July 15, 2021.