Evaly founder Rassel gets bail

A Dhaka court has granted bail to e-commerce company Evaly's Chief Executive Officer (CEO) Mohammad Rassel after he surrendered before the court in a case filed over cheque fraud.

Dhaka Metropolitan Magistrate Md Ali Haider passed the order on Wednesday after the hearing.

On Monday, the court issued arrest warrants for Mohammad Rassel and his wife, Evaly Chairman Shamima Nasrin in a case filed over cheque fraud.

According to the case statement, on March 13, 2021, the plaintiff of the case, Tanvir Hossain, paid Tk2.45 lakh through mobile banking to buy a motorcycle after seeing an advertisement on Evaly. However, the e-commerce site failed to deliver the vehicle within the stipulated 45 days.

On September 13 that year, Evaly gave a cheque for the equivalent value of the product.

The cheque was then deposited in multiple banks for encashment, and it was dishonoured.

A legal notice was sent to them on October 22 last year, but Evaly did not take any steps.

Meanwhile, Evaly now plans to begin refunding the money stuck in the payment gateway in January, according to the chief executive of the company.