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Nobel laureate Muhammad Yunus is sentenced to prison

2024-01-01 16:02:00, Kosova & Bota CNA
Nobel laureate Muhammad Yunus is sentenced to prison
Photo taken from the BBC

A court in Bangladesh has sentenced Nobel laureate Muhammad Yunus to six months in prison for violating the country's labor laws.

Prof. Yunus has been a vocal critic of Prime Minister Sheikh Hasina.

His supporters say the case is politically motivated.

The well-known economist and three colleagues from Grameen Telecom - one of the firms he founded - were found guilty of failing to establish a welfare fund for their workers.

All four deny any wrongdoing and have been granted bail pending appeal.

83-year-old Yunus, known internationally as the "banker of the poor", is credited with creating a pioneering system of microfinance loans that has helped lift millions of people out of poverty./ CNA





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