Why Bangladesh's Nobel laureate is fighting a corruption case

Muhammad Yunus, the recipient of the Nobel Peace Prize, went before Bangladesh’s anti-corruption body on Thursday to answer to corruption charges that his attorneys claimed were a result of a government harassment campaign. With his innovative micro-credit bank, Yunus, 83, is credited with helping millions of people escape poverty. However, he has a falling out with Prime Minister Sheikh Hasina, who has accused him of “sucking blood” from the underprivileged. He is dealing with around 175 separate criminal and labor tribunal issues involving the social business enterprises he founded in Bangladesh with the intention of bringing services to the underprivileged. Yunus had to cut short his trip to the United Nations headquarters in New York to attend the hearing at the Anti-Corruption Commission in the nation’s capital, Dhaka, defense attorney Abdullah al Mamun told reporters. “He is now being interrogated by anti-corruption officials as part of the investigation,” Khaja Tanvir Ahmed, one of Yunus’s lawyers, told AFP. Yunus and seven officials of Grameen Telecom, a social business firm he founded, are accused of money laundering and embezzling 250 million taka ($2.3 million), according to charges filed by the commission in May. He faces up to 12 years in jail if convicted. Another case against Yunus is currently at trial. His lawyers have insisted he is innocent of all charges against him. “These cases are all part of the continuous harassment against Nobel laureate Professor Muhammad Yunus,” Ahmed said. In August, 160 global figures including former US president Barack Obama and ex-UN secretary-general Ban Ki-moon published a joint letter against the “continuous judicial harassment” of the micro-credit pioneer. The signatories – including more than 100 of his fellow Nobel laureates – said they feared for “his safety and freedom”. Yunus was awarded the 2006 Nobel Peace Prize for his work promoting economic development. He has been credited with helping eradicate extreme poverty in Bangladesh by offering microfinance loans to tens of millions of rural women through Grameen Bank, which he founded in the 1980s. Bangladesh’s anti-graft watchdog last year ordered a wide-ranging probe into firms that Yunus chairs. Hasina has attacked him personally, blaming him for the World Bank pulling out from a bridge project near Dhaka that was mired in corruption allegations. When the bridge finally opened last year, Hasina said Yunus should be “dipped in a river” for jeopardising its completion.