176 world leaders and Nobel laureates urge Bangladesh to halt legal cases against Peace Prize winner


DHAKA, Bangladesh– More than 170 worldwide leaders and Nobel laureates have actually advised Bangladesh’s prime minister to suspend legal procedures versus Muhammad Yunus, who was granted the Nobel Peace Prize in 2006 for pioneering making use of microcredit to assist impoverished individuals.

In an open letter, the leaders, consisting of previous U.S. President Barack Obama, previous U.N. Secretary-General Ban Ki-moon and more than 100 Nobel laureates, stated they were deeply worried by current dangers to democracy and human rights in Bangladesh.

” One of the hazards to human rights that worries us in today context holds true of Nobel Peace Prize laureate Prof. Muhammad Yunus. We are alarmed that he has actually just recently been targeted by what our company believe to be constant judicial harassment,” stated the letter, dated Tuesday.

” We are positive that any extensive evaluation of the anti-corruption and labor law cases versus him will lead to his acquittal,” it stated.

Prime Minister Sheikh Hasina reacted by stating she would invite global specialists and attorneys to come to Bangladesh to examine the legal procedures and analyze files including the charges versus Yunus.

” If they send out the professionals and legal representatives, a lot more things will get exposed, which stay unblemished. Numerous such things will come out,” Hasina stated.

In 1983, Yunus established Grameen Bank, which provides little loans to business owners who would not usually receive bank loans. The bank’s success in raising individuals out of hardship caused comparable microfinancing efforts in lots of other nations.

Hasina’s administration started a series of examinations of Yunus after pertaining to power in2008 She ended up being furious when Yunus revealed he would form a political celebration in 2007 when the nation was run by a military-backed federal government and she remained in jail, although he did not follow through on the strategy.

Yunus has actually likewise slammed political leaders in the nation, stating they are just thinking about cash. Hasina called him a “bloodsucker” and implicated him of utilizing force and other ways to recuperate loans from bad rural females as head of Grameen Bank.

Hasina’s federal government started an evaluation of the bank’s activities in 2011, and Yunus was fired as handling director for apparently breaking federal government retirement guidelines. He was prosecuted in 2013 on charges of getting cash without federal government authorization, including his Nobel Prize award and royalties from a book.

He later on dealt with more charges including other business he developed, consisting of Grameen Telecom, which becomes part of the nation’s biggest smart phone business, GrameenPhone, a subsidiary of Norwegian telecom giant Telenor.

Earlier this month, 18 previous Grameen Telecom employees submitted a case versus Yunus implicating him of siphoning off their task advantages. Defense attorney called the case harassment and pledged to eliminate the claims.

Separately, Yunus went on trial on Aug. 22 on charges of breaching labor laws. The Department of Inspection for Factories and Establishments brought the case versus Yunus and 3 other individuals in 2021, declaring disparities throughout an evaluation of Grameen Telecom, consisting of a failure to regularize positions for 101 employee and to develop an employees’ well-being fund.

Yunus and 13 others were likewise called in a case brought by the Anti-Corruption Commission implicating them of embezzling funds from Grameen Telecom.

In their letter, the worldwide figures likewise advised that Bangladesh’s upcoming election s, anticipated to be held by early January, be reputable.

Hasina stated the elections would be totally free and reasonable.

The primary opposition Bangladesh Nationalist Party led by previous Prime Minister Khaleda Zia has actually declared that the elections will be rigged and threatened to boycott the ballot if Hasina does not step down and turn over power to a caretaker federal government to manage the balloting. Hasina has actually declined the need.

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