Thursday, February 29, 2024

Govt in a fix over how to sack Yunus

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 ... Read more

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 ... Read more

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 ... Read more

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