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Embezzlement of Tk 1,100 crore

E-orange COO on remand


Published : 29 Aug 2021 09:29 PM | Updated : 30 Aug 2021 12:50 AM

A Dhaka court on Sunday placed a senior  officer  of e-commerce site E-orange on a four-day remand in a case filed over embezzlement of around Tk 1,100 crore.

Md NazmulAlam Russel, former chief operating officer (COO), was placed on a five-day remand after he was produced before the court.

Inspector Aminul Islam, investigation officer (IO) of the case, produced him before the court with a 10-day remand prayer.

Additional Chief Metropolitan Magistrate Abu Bakar Siddique passed the order.

In the remand prayer, the IO said the accused, in collusion with other accused, misappropriated around Tk 1,100 crore from customers. 

He needs to be remanded to find out information of the other accused and to know where they had transferred the money, the remand prayer reads. However, defence submitted a petition seeking his bail along with the cancellation of the remand prayer claiming that he was implicated in the case with ill-motive to harass him.

After hearing both the sides, the magistrate turned down the bail petition and placed him on remand.

Earlier on Saturday, police arrested Nazmul from the city’s Gulshan area.

Sonia Mehjabin and her husband Masukur Rahman, owners of the e-commerce company are currently in jail.

Agitated customers filed a case against five people, including the owners, with Gulshan Police Station bringing allegation of embezzling Tk 1,100 crore on Tuesday. 

Other accused were  Amanullah, Bithi Akhter and Kawser. 

A group of customers also held a demonstration protesting the delay of E-orange in delivering pending orders.

The E-orange  company was supposed to publish a product list outlining the pending orders and the stipulated delivery time. 

However, instead of publishing the list, it sought up to 45 to 60 days, which led to customer resentment.

At one stage, some customers filed a case against the company  fearing the owners had sought time to be able to flee the country.

On August 11, more than  50 customers staged a sit-in protest in front of the office.