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Bangladesh sentences Nobel Peace Prize winner Muhammad Yunus to 6 months in jail

New Delhi: Bangladeshi Nobel Peace Prize laureate Muhammad Yunus was sentenced to six months in jail by a court on Monday in a labor law case that his supporters described as “politically motivated”.

The 83-year-old, known as the “banker of the poorest of the poor”, won the Nobel Peace Prize in 2006.

Delivering the verdict, Labor Court judge Sheikh Marina Sultana said, “The charge against him of violating the labor law has been proved. It appears that the charge has not been limited to any extent.”

According to the report, the judge of the Third Labor Court ruled that Yunus would have to serve six months of simple or non-rigorous imprisonment.

The decision was made on the basis of violations of law during his tenure as chairman of Grameen Telecom along with three other executives associated with the social business company.

Additionally, the judge imposed a fine of Taka 25,000 on each of them and said that in default they would have to spend 10 more days in jail.

After the verdict, Yunus and three co-accused filed a petition for bail and the judge immediately granted one month’s bail in lieu of a bond of Taka 5,000, PTI reported.

Under the law, Yunus and the three others could appeal the verdict to a higher court.

Yunus, whose experiment with poor people’s banking gave Bangladesh the reputation of being the home of microfinance, and three of his colleagues at Grameen Telecom, one of the companies he founded, were accused of violating labor laws when they violated worker welfare laws. Had failed to make. According to PTI, funds in the company.

Yunus won the Nobel Peace Prize for his anti-poverty campaign through the Grameen Bank, a method that was replicated across continents.

However, Yunus has long earned the enmity of Prime Minister Sheikh Hasina, who has accused him of “sucking blood” from the poor. He has been at odds with Prime Minister Sheikh Hasina’s government for unclear reasons, while authorities launched a series of investigations against him after she came to power in 2008.

His supporters described the decision as “politically motivated”.



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