Sunday, March 13, 2011

Bangladesh - Muhammad Yunus loses court battle

On 8 March, the Dhaka High Court delivered its verdict in a case of well-attended abroad: it validated the exclusion of Muhammad Yunus of the direction of the Grameen Bank, a bank that he himself had founded . The Nobel Peace Prize, a pioneer of microfinance, had to court, March 3, considering that his removal by the Central Bank of Bangladesh met with political motives.

Mohammad Yunus relations with the government are long-standing conflict.

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