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world2 years ago

Nobel Laureate Muhammad Yunus Receives 6-Month Jail Sentence in Bangladesh

Nobel Peace Prize laureate Muhammad Yunus was sentenced to six months in jail by a labor court in Dhaka, Bangladesh, for violating labor laws in his company, Grameen Telecom. Yunus, who is known for pioneering microcredit, was found guilty of not making 67 workers permanent and not forming a welfare fund, among other violations. He was granted bail, fined, and plans to appeal the verdict. The case has broader political implications, with Yunus' supporters claiming he is being targeted due to strained relations with Prime Minister Sheikh Hasina. The verdict arrives as Bangladesh approaches its general election, with international concern over the country's democratic and human rights situation.

via CBS News|
##bangladesh#grameentelecom
world-news2 years ago

Nobel Peace Laureate Muhammad Yunus Sentenced to Jail in Bangladesh Labor Case

Nobel laureate Muhammad Yunus, known for pioneering microcredit through Grameen Bank, was sentenced to six months in prison for labour law violations at Grameen Telecom in Bangladesh. Yunus, who denies the charges, and three employees were granted bail pending appeal. Critics suggest the case is politically motivated, as Yunus had previously considered political opposition to Prime Minister Sheikh Hasina, who has accused him of exploiting the poor. Yunus faces additional charges, while human rights groups criticize the government for targeting dissent. Hasina is running for a fifth term in an upcoming election boycotted by the main opposition party.

via Reuters|
##bangladesh#grameentelecom
world-news2 years ago

"Nobel Laureate Muhammad Yunus Receives 6-Month Jail Sentence for Labour Law Violations in Bangladesh"

Nobel Peace Prize laureate Muhammad Yunus, known for pioneering microfinance through Grameen Telecom, has been sentenced to six months in jail by a Bangladeshi court for labor law violations, including failing to confirm employees after probation and withholding dividends. Yunus, who denies wrongdoing, plans to appeal the verdict, which his defense team claims is politically motivated and flawed. The case adds to a history of legal challenges for Yunus, who has previously faced corruption charges and conflicts with Prime Minister Sheikh Hasina.

via DW (English)|
##bangladesh#grameentelecom
world-news2 years ago

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

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.

via The Guardian|
##bangladesh#labourlawviolation
world-news2 years ago

Nobel Laureate Muhammad Yunus Receives 6-Month Jail Sentence in Bangladesh Labor Case

Nobel laureate Muhammad Yunus has been sentenced to six months in jail by a Bangladeshi court for labor law violations related to a welfare fund for workers at Grameen Telecom. Yunus and his colleagues, who have been granted bail pending appeals, deny the charges, claiming the case is politically motivated. The 83-year-old "banker to the poor" and his Grameen Bank won the Nobel Peace Prize in 2006 for their micro-finance work. Yunus faces over 100 other charges, and international figures have called for an end to his "persecution." Prime Minister Hasina's government has been accused of trying to discredit Yunus, potentially due to his past consideration of entering politics.

via BBC.com|
##bangladesh#grameenbank
world-news2 years ago

Nobel Laureate Muhammad Yunus Receives 6-Month Jail Sentence in Bangladesh

Bangladeshi Nobel laureate Muhammad Yunus has been sentenced to six months in prison by a local court. The specific reasons for the sentence were not provided in the excerpt. This development is significant as Yunus is a prominent figure known for his work in microfinance and social entrepreneurship, which earned him the Nobel Peace Prize in 2006. The news highlights a notable legal action against a high-profile individual in Bangladesh.

via Financial Times|
##bangladesh#courtsentence
world-news2 years ago

"Nobel Laureate Muhammad Yunus Receives 6-Month Jail Sentence in Bangladesh Labor Case"

Nobel Peace Prize laureate Muhammad Yunus was sentenced to six months in jail by a labor court in Dhaka, Bangladesh, for violating labor laws through his company, Grameen Telecom. The court found that the company failed to make 67 employees permanent, did not form employee welfare funds, and did not distribute 5% of dividends to staff as per company policy. Yunus, who is known for pioneering microcredit through Grameen Bank, has faced a series of legal challenges and criticism from Prime Minister Sheikh Hasina's administration. His supporters claim the charges are politically motivated, especially in the context of the upcoming general election. International leaders have expressed concern over the situation, and Yunus has been granted bail with the option to appeal within 30 days.

via The Associated Press|
##bangladesh#grameentelecom
world-news2 years ago

Nobel Peace Laureate Muhammad Yunus Sentenced to Jail in Bangladesh Labor Case

Nobel laureate Muhammad Yunus, known for his microfinance work, has been convicted of violating labour laws in Bangladesh, a move his supporters claim is politically motivated. Yunus and three colleagues from Grameen Telecom were accused of not creating a workers' welfare fund and were sentenced to six months in prison but granted bail pending appeals. The conviction has been criticized by international figures and human rights activists as a "travesty of justice," suggesting that the charges are a way to harass Yunus, who has faced verbal attacks from Prime Minister Sheikh Hasina and is seen as a potential political rival.

via Al Jazeera English|
##bangladesh#labourlaw
world-news2 years ago

"Nobel Laureate Muhammad Yunus Sentenced to Six Months in Bangladeshi Labor Case"

Nobel Peace Prize laureate Muhammad Yunus, known for his microfinance initiatives, was convicted in Bangladesh for violating labour laws, a move seen by many as politically motivated due to his strained relationship with Prime Minister Sheikh Hasina. Yunus and his colleagues from Grameen Telecom were accused of not setting up a workers' welfare fund and were granted bail pending appeals. The case has drawn international criticism, with accusations of the Bangladeshi government using the judiciary to suppress political dissent.

via IndiaTimes|
##bangladesh#labourlaw