Evaly promises paybacks despite vital questions unanswered

Co-founder Shamima Nasrin, who took back the helm of the collapsed Ponzi scheme-like e-commerce platform Evaly two weeks ago after having secured a bail, has promised to clear all its liabilities to hundreds of thousands of customers and merchants from fresh business and investments.

The platform that exponentially grew on unprecedented burning of customers’ advances, and sellers’ credit had collected over Tk6,000 crore from the people over its two and half years of operational life till the mid-2021 now does not know how much it owes.

Evaly claimed that the September, 2021 arrest of the founder couple and the post-arrest unprotected status of its office resulted in a loss of its server password. And, without the password, it is impossible to assess its complete operational and financial picture.

In a virtual press conference on Thursday, Shamima Nasrin demanded the bail of her husband, co-founder and former Evaly managing director Mohammad Rassel, hoping that he as the only authorised person might help the password recovery process from the server vendor Amazon Web Service following the failure of everyone — the court-appointed previous board and Shamima herself nowadays.

Rassel, behind the bars, has been claiming to have forgotten the complex password and the “black diary” at his office room where he wrote down the password later was found nowhere.  

Special auditor Hoda Vasi Chowdhury, appointed by the High Court-formed independent board led by former Justice HM…

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