Nagad has handed over few accounts information to the regulatory authorities and the law enforcement agencies following indication of suspicious transactions with some e-commerce platforms.
Transaction of those accounts were suspended temporarily and an official complaint was lodge with the Counter Terrorism and Transnational Crime (CTTC). The process of filing a case is also underway.
For the last few days, some unusual transactions were observed in some Nagad account affiliated with some controversial e-commerce platforms. After analyzing the transactions pattern further, few accounts were suspended temporarily, said a press release.
At the same time, the list of the accounts was provided to Bangladesh Financial Intelligence Unit (BFIU), Bangladesh Telecommunication Regulatory Commission (BTRC) and Rapid Action Battalion (RAB) by the most technologically advanced MFS carrier Nagad.
Nagad’s Head of External Affairs, Lt Col Md Kousar Soukat Ali (Retd) said, “Government’s mobile financial service Nagad is technologically one of the most reliable operators of our country. It is quite impossible to penetrate Nagad network for any evil intension.”
After its launch on March 26, 2019, Bangladesh Post office’s MFS Nagad is working to bring and ease the financial transaction of the people in digital platform.
In the last two and a half year, the operator bagged 5.40 crore customers with a daily average transaction of Tk 700 crore.
