Top News
Next Story
NewsPoint

Nobel laureate Muhammad Yunus: Bangladesh arrest warrant

Send Push
The Viral
10th October, 2019 23:25 IST

 

Dhaka: Bangladeshi business analyst and Nobel laureate Muhammad Yunus has been given with a capture warrant subsequent to neglecting to show up at a consultation over the sacking of laborers at an organization he heads, authorities said Thursday.

A judge at a court in Dhaka gave the request Wednesday as sacked specialists from Grameen Communications (GC) stopped an objection saying they were terminated in light of the fact that they set up a worker’s organization, court representative M Nuruzzaman said.

Yunus, who is the executive of GC, didn’t go to the conference as he was abroad. The CEO and a ranking director at the organization showed up at the court and verified bail, Nuruzzaman said.

“He (Yunus) left Bangladesh before getting any summons for showing up under the steady gaze of the court. When he restores, a fitting legitimate advance will be taken,” Yunus’ legal counselor Kazi Ershadul Alam said.

The 79-year-old previous financial matters educator who established the spearheading destitution busting small scale moneylender Grameen Bank, has been inconsistent with Prime Minister Sheik Hasina since 2007 when he made a short raid into the nation’s exceptionally enraptured governmental issues.

In 2011, he was sacked as the head of Grameen Bank, in a move broadly accepted to have been arranged by Hasina. He tested his sacking in the most noteworthy court, however lost.

Yunus set up the Bank, which co-won the Nobel with him in 2006, in 1983 to make insurance free smaller scale advances to a great many rustic business visionaries. The bank is presently kept running by supervisors named by Hasina.

Hasina has blamed him for “sucking blood” from the poor in the midst of claims the bank charges financing costs of in excess of 20 percent, and proposed he was liable for the World Bank pulling a $1.2 billion advance for a uber extension venture.

 

Explore more on Newspoint
Loving Newspoint? Download the app now