Tigers face SA today Prior to today’s crunch Bangladesh-South Africa match, the question on everybody’s lips was what awaited the millions of cricket crazy fans in the country? Will it be heartbreak or will today usher in an era of hope? Shakib Al Hasan’s men can write a new chapter for Bangladesh cricket when they ... Read more
dhaka
Shakib relaxed
The general populace might have plenty of questions regarding Bangladesh’s batting prior to their crucial Group B match against formidable South Africa today but Bangladesh captain Shakib Al Hasan was as satisfied as he could be with his team’s performance in the ICC Cricket World Cup and was upbeat ahead of the tough battle at ... Read more
Smith knows the occasion
Graeme Smith believes the South Africa team have become accustomed to sub-continental teams and conditions as they face the Tigers at the Sher-e-Bangla National Stadium in Mirpur today. The Proteas arrived in town the day after their win over Ireland last Tuesday but chose to train only yesterday, on the eve of their final group ... Read more
Rumours cause radiation panic
The nuclear power plant explosion in Japan caused by an earthquake and subsequent tsunami triggered rumours in Bangladesh on Tuesday with text messages and e-mails circulated by unknown sources warning people of a radioactive hit asking them not to go out in rain and suggesting use of particular ointments for protection of
More support for Yunus from abroad
The world’s best-known microfinance institutions and over a dozen Bangladeshi scholars living abroad condemned the government move to remove Prof Muhammad Yunus from Grameen Bank. In a statement, Tilman Ehrbeck, chief executive of the Consultative Group to Assist the Poor (CGAP), and Vijay Mahajan, chair of the CGAP board, said, “We are deeply concerned by ... Read more
Abed, Yunus among world’s top 100
Two renowned Bangladeshis have been included in a list of ‘Top 100 Individuals’ who have committed themselves to improve the lives of girls and women around the world. Founder of Grameen Bank and Nobel laureate Dr Muhammad Yunus and Sir Fazle Hasan Abed, founder and chairperson of Brac, were included in the list prepared by ... Read more
Grameen Bank on Joy’s letter
Sajeeb Wajed Joy, son of Prime Minister Sheikh Hasina, has riddled Grameen Bank with allegations of tax evasion, fraud and illegal activities under its founder Muhammad Yunus, prompting the microlender to issue a firm rebuttal. In a statement yesterday, the “Bank for the Poor” disputed Joy’s letter, published in a section
Power cuts begin as summer closes in
Power outage started taking place, straining people’s life at just before the advent of summer. According to Power Development Board statistics, the gap estimated between power generation and the supply is now 1,250MW but direct contacts by New Age with power distribution agencies suggest that it already exceeded 2,000MW
Full SC bench to decide Yunus’ fate
Hearing on Mar 15; move on to find new MD for Grameen Bank Nobel laureate Dr Muhammad Yunus yesterday filed an appeal with the Supreme Court in a final attempt to stay as the managing director of Grameen Bank he founded nearly three decades ago. In the appeal filed with Supreme Court chamber judge Justice ... Read more
Hillary backs Grameen independence
US Secretary of State Hillary Clinton backed Grameen Bank’s independence in a telephone call to Prof Muhammad Yunus, her spokesman said. “Secretary Clinton spoke yesterday with Dr Muhammad Yunus and expressed support for the independence of the Grameen Bank in Bangladesh,” Clinton spokesman Philip Crowley said on
Yunus removal upheld
HC rejects Nobel hero’s petition against his ouster by govt from Grameen Bank; Yunus may appeal with SC today The High Court yesterday upheld Bangladesh Bank’s “removal” of Nobel laureate Muhammad Yunus from the post of Grameen Bank’s managing director. He will appeal against the verdict with the Supreme Court, his lawyers said. An HC ... Read more
No happy feelings
Civil society feels the issue treated unduly, worries about Grameen Bank; US still hopeful The High Court treated the issue of Prof Muhammad Yunus’ removal from Grameen Bank with a narrow mindset, economists and civil society members yesterday said. They said the court did not consider his contribution to development, poverty alleviation and improving the ... Read more
1 killed in ‘shootout’
An alleged criminal was killed in a ‘shootout’ with Rapid Action Battalion at Khejurbag in South Keraniganj on the outskirts of the capital yesterday. The dead, Minu Parvez alias Tonu alias Dadabhai, 27, was accused in a number of cases, including murder, said police
Removal letter illegal
Say Yunus’ counsels, argue at HC as no show cause notice served; hearing resumes today Counsels for Nobel laureate Dr Muhammad Yunus yesterday argued that there is no legal bar for him to continue as the managing director of Grameen Bank since the Bangladesh Bank’s directive to remove him was illegal. The removal of Yunus ... Read more
Who will review the TV umpire?
Harper was at his worst during match between Pakistan and Canada Colombo: Heavy pressure seems to be mounting on umpires this World Cup due to the Umpires Decision Review System (UDRS). When a decision is sent up for review, the noise given out through the loud speaker is similar to that of a heart beat
Security tightened after WI stoning
Bangladesh World Cup security chief on Saturday said they would tighten the safety procedures after the West Indies team bus was hit by two stones following their big victory over the co-hosts in the capital. ‘We have reviewed the whole security system and decided to strengthen it further,’ said Colonel (retd) Mesbah Uddin Serniabat, the ... Read more
All eyes on HC
Order on Yunus ‘removal’ today; BNP asks govt to scrap decision The High Court gives its order today on a writ petition of Prof Muhammad Yunus, who challenged his removal from Grameen Bank, amid calls at home and abroad for treating the Nobel laureate gracefully. Bangladesh Bank sought to remove Yunus from the post of ... Read more
Abed points at trust of borrowers
A sudden exit of the Grameen Bank founder from its Board of Directors and a legal battle between its board and the government may dent borrowers’ confidence, putting the organisation’s future in doubt, said Sir Fazle Hasan Abed yesterday. The chairperson of Brac, the world’s largest non-government organisation, in a statement
Grameen bins Muhith claims
Grameen Bank yesterday said it took prior permission from Bangladesh Bank for appointing Dr Muhammad Yunus as its managing director, rejecting Finance Minister AMA Muhith’s claims that it had not. The microlender also described Muhith’s comments on Yunus as incorrect and said it did not disobey the law in appointment of the Nobel laureate
Govt stake comes down to 3.5pc
Sajjadur Rahman A debate over the ownership of the Grameen Bank is brewing, as the finance and foreign ministers have repeatedly claimed Grameen is a government institution. A question about the government’s stake in the bank came to the fore after the “removal” of Nobel laureate Prof Muhammad Yunus from the post of its