The Bangladesh Financial Intelligence Unit (BFIU) has not instructed banks to further extend the order to freeze the accounts of e-commerce platform Evaly Limited, its chairman, and the managing director.
On Monday, Head of BFIU Abu Hena Mohammad Razee Hassan told The Business Standard, "Evaly can conduct normal banking activities from now on as we have not extended the freeze of their accounts."
Earlier on August 27, the BFIU ordered all commercial banks to freeze the accounts of Evaly, its Chairman Shamima Nasrin, and Managing Director Md Rasel for the next 30 days under the anti-money laundering act.
Evaly came into the limelight after several media outlets reported on probable irregularities in its transactions and numerous complaints about not delivering products to the customers on schedule even after advance payments.
Law enforcement agencies then sought information from the BFIU to launch an investigation into Evaly's activities, and the authorities concerned asked banks to send information about suspicious transactions in the company's accounts.
During the month when its accounts remained frozen, Evaly conducted business on a limited scale through cash on delivery method.