Bangladeshi Nobel Peace Laureate Dr. Muhammad Yunus is facing jail time. On January 1, a Bangladeshi labor court convicted Yunus for violating the country’s labor laws and sentenced him to six months in prison. Yunus is facing charges of money laundering, tax evasion and corruption in some 198 cases. His jail term is yet to … Read more
Advertisement Bangladesh’s official anti-graft watchdog, the Anti-corruption Commission (ACC), on Thursday questioned Muhammad Yunus, who was awarded the Nobel Peace Prize in 2006, involving charges of money laundering and fund embezzlement. Yunus pioneered the use of microcredit to help impoverished people in Bangladesh – a model replicated in many other countries across the world. His … Read more
Nobel Laureate Muhammad Yunus, founder-manager of the Grameen Bank, Bangladesh, at the Annual Meeting of the World Economic Forum in Davos, Switzerland, January 29, 2009. Credit: Wikipedia/World Economic Forum Advertisement More than 170 global leaders and Nobel laureates have urged Bangladesh’s prime minister to suspend legal proceedings against Muhammad Yunus, who was awarded the Nobel … Read more