Mullick Shudhir whose name appeared in Panama Papers in connection with offshore entities runs an apparel and fashion business in Bangladesh, according to an Indian newspaper.

The Indian Express indentified Mullick as the sole shareholder of Eco-Ocean Group Ltd since the company was set up on January 3, 2014.

He is also the sole shareholder of Best Concept Group Ltd, another Seychelles company, since its incorporation on June 24 of the same year.

However, The Daily Star in a report published on May 11 mistakenly identified Mullick as a former commissioner of Bangladesh Telecommunication Regulatory Commission (BTRC).

Actually, the former BTRC commissioner is Mallick Sudhir Chandra. In a statement, he yesterday said details given about him in The Daily Star were “false and fabricated”.

“The false and fabricated news seriously harms my reputation,” he said in the statement.

The Daily Star regrets the mistake.

The Indian Express also wrote that Best Concept Group Ltd (Seychelles), according to records, is the holding company of Alta Vista Fashions Limited, a Hong Kong company, and its principal place of business is Dhaka, Bangladesh. The accounting records for Eco-Ocean Group Ltd (Seychelles) are kept in Hong Kong.

According to his parents in Delhi's Janakpuri, Mullick is based in Dhaka where he operates an apparel and fashion business. He owns Alta Vista Ltd (www.avl-bd.com), which was set up in 2012 in Bangladesh.

According to its website, Alta Vista also has offices in New York (AVL Fashions Inc) and in New Delhi's Okhla (OSR Textiles Resources).