Bangladesh: Nobel laureate Muhammad Yunus heads the interim government
After the violent protests, Prime Minister Sheikh Hasina resigned and fled the country. The decision to make Muhammad Yunus the head of the interim government was made in a meeting of military leaders, student leaders, civil society representatives and prominent business personalities on Tuesday night.
Bangladesh: Nobel laureate Muhammad Yunus heads the interim government
According to a statement released by the Bangladesh President's Office, economist and social leader Muhammad Yunus will head the interim government.After the violent protests, Prime Minister Sheikh Hasina resigned and fled the country.
The decision to make Muhammad Yunus the head of the interim government was made in a meeting of military leaders, student leaders, civil society representatives and prominent business personalities on Tuesday night. Mohammad Younis, known as the banker of the poorest and a longtime critic of Sheikh Hasina, will serve as caretaker prime minister until new elections are held. Sheikh Hasina was forced to leave the country on Monday after weeks of protests against the quota system in government jobs and college admissions. After resigning from her post, she fled the country and currently resides in India. Earlier, student leader Naheed Islam said that Muhammad Younis has agreed to accept the responsibility of the head of the interim government.
He further said that the students will not accept the leadership of the army or the government with support. Who is Muhammad Yunus? then Yunus is a prominent critic and political opponent of Sheikh Hasina. Yunus had termed Sheikh Hasina's resignation as 'second national freedom' while Sheikh Hasina had once called her a 'bloodsucker'. An economist and banker by profession, Yunus was awarded the Nobel Peace Prize in 2006 for pioneering the use of microcredit to help poor people, especially women. He founded Grameen Bank in 1983 to provide small loans to entrepreneurs who would not normally qualify for such loans. The Bank's success in lifting people out of poverty led to similar microfinancing efforts in other countries. Enmity with Sheikh Hasina In the year 2088, his difficulties with Sheikh Hasina arose when her administration launched a series of investigations against Yunus. Yunus announced the formation of a political party in 2007 when the country was ruled by a military-backed government. During the investigation, Sheikh Hasina accused her of using force and other means to collect loans from poor rural women as head of Grameen Bank. He was prosecuted in 2013 for receiving money without government permission, including royalties from his Nobel Prize and a book. He later faced more charges related to other companies he founded, including Grameen Telecom, part of Grameenphone, the country's largest mobile phone company, and Norwegian telecom company Telenor. It is a subsidiary. Earlier this year, a special court in Bangladesh indicted Yunus and 13 others in a $2 million embezzlement case. Yunus pleaded not guilty and is currently out on bail. Supporters of Yunus say that he was targeted because of his differences with Sheikh Hasina. Yunus' popularity in Bangladesh is undeniable. Since winning the Nobel Prize, he is considered a national hero. Same in western countries
