"Nobel Laureate Muhammad Yunus Sentenced for Labour Law Breach in Bangladesh"

1 min read
Source: The Guardian
"Nobel Laureate Muhammad Yunus Sentenced for Labour Law Breach in Bangladesh"
Photo: The Guardian
TL;DR Summary

Nobel peace laureate Muhammad Yunus, known for his microfinance work with Grameen Bank, has been convicted of violating Bangladesh's labour laws, a move seen by supporters as politically motivated. Yunus, who has been critical of Prime Minister Sheikh Hasina and was once considered a political rival, was sentenced to six months in jail but granted bail pending appeal. The conviction relates to the alleged failure to make 67 employees permanent and not forming welfare funds, amidst a broader context of political crackdowns and Yunus facing over 100 other charges. Critics, including international figures and organizations, have condemned the trial as unjust and retaliatory.

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