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Magadh Today - Beyond Headlines > Latest News > Global > Nobel laureate Yunus says his firm ‘forcefully’ taken over
GlobalBangladesh

Nobel laureate Yunus says his firm ‘forcefully’ taken over

Gulshan Kumar
Last updated: 2024/02/16 at 9:58 AM
By Gulshan Kumar 2 years ago
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DHAKA: Bangladesh Nobel peace laureate Muhammad Yunus said on Thursday that several of his firms were “forcefully” taken over, weeks after his conviction in a criminal case his supporters say was politically motivated.

Yunus, 83, is credited with lifting millions out of poverty with his pioneering microfinance bank but has earned the enmity of long-time Prime Minister Sheikh Hasina, who has accused him of “sucking blood” from the poor.

He told a press conference that on Monday, a group of “outsiders” had come to a building housing several of his companies, taking over offices and locking out staff.

“Some people came and took control forcefully,” he said, without giving further details on those involved.

“We’re in deep trouble. It’s a big disaster,” he added. “They are trying to run the companies according to their rules.” Yunus said police refused to register a criminal case regarding the apparent takeover. “They find no problems” with the occupation, he said.

Dozens of people who claimed they were supporters of the ruling Awami League stood at the gates of the building earlier on Thursday blocking entry to staff. “They did not allow us to enter the building,” Mainul Hasan, a general manager of one of the Yunus-chaired firms, said.

Some people entered the building claiming that they were the new directors of several of the firms, existing employees said. Last month, Yunus and three colleagues from Grameen Telecom, one of the firms he founded, were sentenced to jail for six months after they were found guilty of violating labour laws.

All four deny the charges, which supporters and rights groups said were politically motivated, and have been bailed pending appeal.

Yunus is facing more than 100 other charges over labour law violations and alleged graft.

Around 160 global figures, including former US president Barack Obama and ex-UN secretary-general Ban Ki-moon, published a joint letter last year denouncing “continuous judicial harassment” of Yunus.

The signatories, including more than 100 of his fellow Nobel laureates, said they feared for “his safety and freedom”.

By AFP

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