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9 Articles
Nobel laureate Muhammad Yunus indicted in Bangladesh embezzlement case
The prosecution accuses Mr. Yunus and the others of embezzling 252.2 million taka from the welfare fund of Grameen Telecom, which owns a 34.2% stake in Grameenphone, the country's largest mobile phone company
Bangladesh court indicts Nobel laureate Yunus in graft case
DHAKA, June 12 — Bangladeshi Nobel peace laureate Muhammad Yunus was indicted in a corruption case today, the latest charges to proceed against the respected economist that supporters say are politically motivated. Yunus, 83, is credited with lifting millions out of poverty with his pioneering microfinance bank but has earned the enmity of longtime Prime Minister Sheikh Hasina, who has accused him of “sucking blood” from the poor. Hasina has mad…
Nobel laureate Muhammad Yunus and 13 others are indicted by a Bangladesh court on Wednesday (12) on charges of misappropriating 252.2 million Taka (equivalent to 2 million dollars) from the workers' welfare fund of Yunus' telecommunications company. Yunus, 83, and his Grameen Bank won the 2006 Nobel Peace Prize for working to pull millions out of poverty, granting small loans of less than $100 to rural poor in Bangladesh, pioneers in a global mo…
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