A Dhaka court on Wednesday issued an arrest warrant against Nobel laureate and Grameen Bank founder Muhammad Yunus after he failed to appear in person before it in a case of alleged labour law violation. “Though the two senior officials of the Grameen Communications appeared before the court, Yunus failed to turn up, following which the chairman of the court, Rohibul Islam, issued the arrest warrant against him,” a court official said. Mr. Yunus courted controversy in 2015 also when Bangladesh’s revenue authorities summoned him over non-payment of over $1.51 million taxes. Mr. Yunus set up the Grameen Bank in 1983 to make collateral-free micro-loans to rural and mostly women entrepreneurs. But Ms. Hasina has accused Mr. Yunus of “sucking blood” from the poor.

Source: The Hindu October 09, 2019 14:15 UTC