Bangladesh Bans Nobel Laureate Muhammad Yunus from Traveling Abroad
Muhammed Yunus Faces Legal Issues in Bangladesh
The Supreme Court in Bangladesh has made a decision regarding Muhammed Yunus, a Nobel Peace Prize winner known for his efforts in social and economic development. The decision comes after objections were made to another court’s ruling, which ordered the postponement of Yunus’ 6-month prison sentence and his release on bail in labor law violation cases.
In addition to the prison sentence, Yunus and his three colleagues, who were accused of violating labor laws, have been banned from traveling abroad without court permission. This decision has added to the legal troubles of the 83-year-old Yunus, who heads the non-profit company Grameen Telecom.
Yunus, who established “Grameen Bank” in 1983 and was awarded the Nobel Peace Prize in 2006, has been facing at least 168 lawsuits, including long-standing allegations of tax evasion. A series of investigations were opened against him in 2008, leading to his removal from his position as bank manager in 2011.
In 2013, Yunus faced accusations of evading taxes on royalties, conference speeches, and awards he received abroad. He has also been accused regarding the companies he founded under the names “Grameen Telecom” and “Grameen Phone”. Most recently, he was brought before a judge on August 22, 2023, for allegedly violating labor laws.
In January of this year, the Labor Court in Bangladesh sentenced Muhammed Yunus to 6 months in prison for violating the country’s labor law. The decision by the Supreme Court comes as another chapter in Yunus’ legal struggles in Bangladesh.
