Bangladesh's anti-graft watchdog quizzes Nobel laureate Muhammad Yunus in embezzlement case

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He emerged from Thursday’s questioning session in the commission’s headquarters in the nation’s capital, Dhaka, saying that he was not afraid and he did not commit any crimes. Yunus’ lawyer, Abdullah Al Mamun, said the charges against his client were “false and baseless.” “We are alarmed that he has recently been targeted by what we believe to be continuous judicial harassment,” said the letter.

In 1983, Yunus founded Grameen Bank, which gives small loans to entrepreneurs who would not normally qualify for bank loans. The bank’s success in lifting people out of poverty led to similar microfinancing efforts in many other countries.

Source: Law Daily Report (lawdailyreport.net)

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