Evaly’s Rassel, Shamima handed three-year jail terms for breach of trust, fraud

A Dhaka court has sentenced Mohammad Rassel, the CEO of e-commerce platform Evaly, and his wife Shamima Nasreen, the company's chairman, to three years in prison for criminal breach of trust and fraud.

Dhaka Metropolitan Magistrate Md Minhazur Rahman delivered the verdict on Sunday. He also fined each of them Tk 5,000, according to bdnews24.com.

They will have to serve an additional six months in jail if they fail to pay the fine.