DHAKA — Nobel laureate Muhammad Yunus, the pioneer of the global microcredit movement who could shepherd Bangladesh's new interim government, was an arch foe of Prime Minister Sheikh Hasina who has resigned and fled the country.
Nobel Peace laureate Muhammad Yunus speaks at the Trust Women Conference, London, UK, Dec 1, 2016.DHAKA — Nobel laureate Muhammad Yunus, the pioneer of the global microcredit movement who could shepherd Bangladesh's new interim government, was an arch foe of Prime Minister Sheikh Hasina who has resigned and fled the country.
As his success grew, Yunus, now 84, flirted briefly with a political career, attempting to form his own party in 2007. But his ambitions were widely viewed as having sparked the ire of Hasina, who accused him of "sucking blood from the poor". In January this year, Yunus was sentenced to six months in prison for violations of labour law. He and 13 others were also indicted by a Bangladesh court in June on charges of embezzlement of 252.2 million taka from the workers' welfare fund of a telecoms company he founded.
He told Indian broadcaster Times Now that Monday marked the "second liberation day" for Bangladesh after its 1971 war of independence from Pakistan following the exit of Hasina.
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