HC asks banks, FIs to provide details of Evaly's transactions

The High Court (HC) on Wednesday directed several banks and other financial institutions (FIs) to provide detailed information of e-commerce entity Evaly's financial transactions, including information of the recipients or payees of any cheque, to the court-appointed board of directors of the company.
The banks and financial institutions are: BRAC Bank, Bank Asia, The City Bank, Dhaka Bank, Midland Bank, Standard Chartered Bank, Modhumoti Bank, Southeast Bank, Community Bank, bKash Limited, Dutch Bangla Bank, Nagad Limited and Software Soft Limited.
Managing directors and chief executive officers of the financial entities have been asked to comply with the order.
The HC bench of Justice Muhammad Khurshid Alam Sarkar passed the order after hearing a petition filed by Md Mahbub Kabir Milon, court-appointed managing director of Evaly.
Barrister Morshed Ahmed Khan appeared in the court on behalf of Evaly's managing director, while Barrister Syed Mahsib Hossain represented the customer who sought winding up of the company.
Later, Mr Khan said, "Detailed information of the financial transactions of the company is required to carry out an audit of the company which is running now."

bikashju@gmail.com