Posted on 01/01/2024 7:09:01 PM PST by nickcarraway
Nobel peace laureate Muhammad Yunus was convicted on Monday (Jan 1) of violating Bangladesh's labour laws in a case decried by his supporters as 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 made several scathing verbal attacks against the internationally respected 2006 Nobel Peace Prize winner, who was once seen as a political rival.
Yunus and three colleagues from Grameen Telecom, one of the firms he founded, were accused of violating labour laws when they failed to create a workers' welfare fund in the company.
(Excerpt) Read more at channelnewsasia.com ...
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