Govt in a fix over how to sack Yunus
David Bergman and Abdullah Juberee
The Bangladesh Bank, the finance ministry and the law ministry are in disagreement with each other about how to sack Muhammad Yunus from his position as managing director of the Grameen Bank.
The finance ministry, following advice it received from the law ministry, asked the Bangladesh Bank on Tuesday to use the powers set out in the Banking Companies Act 1991 to force the
grameen bank
Yunus issue a legal matter, says Muhith
The scheduled meeting between the Finance Minister Abul Mal Abdul Muhith and Noble laureate Prof Muhammad Yunus reportedly over his continuity as Managing Director of Grameen Bank has been deferred by a couple of days due to the visit of Princess Anne to Bangladesh. The Finance Minister told The Independent Tuesday that he will talk with Yunus over the issue arising from a Bangladesh Bank
Yunus beyond legal age limit
BB Letter To Finance Ministry
Yunus beyond legal age limit
Grameen Bank chairman presents it at board meeting
The chairman of Grameen Bank yesterday presented a letter at a board meeting that questioned the post of Professor Muhammad Yunus as its managing director beyond his retirement age.
The letter was written by a Bangladesh Bank official to the finance ministry expressing an opinion that Prof Yunus continued to hold the post beyond his retirement age of 60, which was
US asks govt not to harass Yunus
David Bergman
US officials have told Sheikh Hasina that there will be no further high-level diplomatic interaction between the United States and Bangladesh until the harassment of Muhammad Yunus, founder of the Grameen Bank, ends.
A senior western diplomat, with direct knowledge of these conversations, told New Age that
13 eminent citizens stand for Yunus
Thirteen eminent citizens of the country yesterday said that Nobel Laureate Muhammad Yunus is being harassed in various ways.
In a joint statement they said Yunus is facing malicious personal attacks for his position and hence being subject of different allegations
Kerry Kennedy rallies behind Grameen
Kerry Kennedy, a human rights activist and niece of former American president John F Kennedy, has recently joined Friends of Grameen, an international platform set up to protect interests of Grameen Bank and its founder Muhammad Yunus.
She will be one of the vice presidents of the group’s executive committee, said a statement
Huge support for Yunus
Former Irish president Mary Robinson has joined the development partners, prominent personalities and corporations in vowing to protect Nobel Laureate Muhammad Yunus from “politically orchestrated” attacks.
As many as 50 charities and public figures, including James Wolfensohn, former World Bank president, Jagdish Sharan Verma, former Chief Justice of India, and Yeardley Smith, a
Govt asked Yunus to step aside
The finance minister yesterday said the government had asked Nobel laureate Muhammad Yunus to stay away from Grameen Bank as long as a review of the microlender continues.
“I suggested Mr Yunus should step aside as Grameen Bank’s managing director, transferring his powers to the deputy managing director,” AMA Muhith told
Govt sends letter to embassies, donors
The banking division of the finance ministry last week sent a letter to different embassies and donor agencies located in Dhaka, explaining its intention behind constituting a committee for reviewing activities of Grameen Bank.
Following is the full text of the letter: Grameen Bank started its journey in 1976 to