Wednesday, March 2, 2011

Bangladesh Nobel winner Muhammad Yunus is sacked

Bangladesh Nobel winner Muhammad Yunus is sacked
Bangladeshi Nobel laureate Muhammad Yunus has been fired from the Grameen microfinance bank he founded, bank officials say.

"Bangladesh Bank has relieved Yunus of his duties... with immediate effect," Muzammel Huq, Grameen Bank chairman, told the AFP news agency.

Correspondents say that the removal of Prof Yunus is the culmination of a long-running feud with the government.

He fell out with PM Sheikh Hasina in 2007 when trying to set up a new party.

[via bbc.co.uk]

No comments:

Post a Comment