Nobel Laureate Yunus Convicted in Bangladesh

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Nobel Laureate Yunus Convicted in Bangladesh, Sparking Outrage and Concern

| Updated: January 1, 2024 19:32

Nobel Laureate Yunus Convicted in Bangladesh

Muhammad Yunus, the Nobel Peace Prize-winning economist and microfinance pioneer, has been convicted of violating labor laws in Bangladesh, igniting fierce debate and concerns about political persecution.

A Dhaka court on Monday sentenced Yunus and three colleagues from Grameen Telecom, a company he founded, to six months’ imprisonment for allegedly failing to establish a workers’ welfare fund. While they were granted bail pending appeals, the verdict sent shockwaves through the country and the international community.

Yunus, 83, vehemently denied the charges, calling them “a travesty of justice” and questioning the fairness of the proceedings. His supporters, including renowned human rights advocate Irene Khan, echoed these sentiments, viewing the conviction as politically motivated harassment meant to discredit a potential rival to Prime Minister Sheikh Hasina.

This isn’t Yunus’s first brush with legal troubles in Bangladesh. He faces over 100 charges related to labor laws and corruption, accusations he adamantly denies. Supporters point out his decades of service to the nation, highlighting his Grameen Bank and microcredit movement, which lifted millions out of poverty.

Adding fuel to the fire are tensions between Yunus and Hasina, with the latter recently accusing Yunus of “sucking blood” from the poor. Yunus’s consideration of forming a political party further complicates the picture, suggesting government anxieties about his influence.

The international community has expressed concern as well. Over 160 global figures, including former US President Barack Obama, signed a letter condemning the “continuous judicial harassment” of Yunus and urging fair treatment.

Yunus’s conviction raises crucial questions about judicial independence, freedom of expression, and the potential targeting of dissent in Bangladesh. While the legal process deserves due course, the concerns surrounding political motivation and Yunus’s long history of humanitarian work cannot be ignored.

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