Qcoom, the e-commerce entity, which has been in news lately for reasons that can be termed ‘controversial’, has recently claimed to have a liability of Taka 250 crore to customers, while adding it can pay back the same to the customers if Foster Payments releases Taka 394 crore of its fund, which is, reportedly, stuck with the payment gateway.
As per reports, Qcoom, which, reportedly, owes customers several hundred crores paid in advance with its founder, who is currently behind the bars, underlined its inability to pay back the customers through a letter written to the Commerce Ministry recently even as the payment gateway (Foster Payments) is also, reportedly, in hot water for alleged money laundering.
The lawyer for Qcoom, in his letter, reportedly, underlined the platform’s liquid assets were far greater than the customers’ liabilities that are now stuck with the payment gateway even as he, reportedly, submitted a copy of Foster Payment’s written statement, which, reportedly, states Qcoom’s positive balance with it was Taka 394.15 crore which can be released only on instructions from the Bangladesh Bank, the central bank of the country.
