Commerce Minister Tipu Munshi on Sunday said that it’s possible to give 50 to 60 per cent money back to the cheated clients of the Destiny Group and Jubok by selling the assets of the two companies which collapsed amid widespread fraud.
“To my consideration, the cheated clients can get up to 50 to 60 per cent of the money back…. But the issue remains pending with the court for settlement”, he said while addressing a workshop organized by the Bangladesh Competition Commission (BCC) for the members of Economic Reporters Forum (ERF) at the BCC office in the city.
The BCC organized the event to discuss the issues for creating a fair competition environment in the market through implementation of the Competition Law.
Tipu said that he discussed the issue with the law minister who informed him that the law ministry has been working on how to compensate the Destiny and Jubok clients.
As per the estimation by different government bodies, Destiny and Jubok have about Tk 7,000 crore assets.