Dr. Muhammad Yunus is a Nobel Prize recipient recognized for his efforts in alleviating poverty. He often referred to as the ‘banker to the poor,’. He has been appointed as the chief adviser to the interim government in Bangladesh, according to a report by the Daily Star, as stated by the leaders of the student movement that instigated recent protests in the nation.
Muhammad Yunus wiki
Muhammad Yunus was born in 1940 in Chittagong, studied at Dhaka University before pursuing economics at Vanderbilt University in the United States. After obtaining his PhD, he served as an assistant professor at Middle Tennessee State University before returning to Bangladesh.Yunus’s prominence and strong connections with the West, especially the United States, have led to tensions with Hasina since she regained power in 2008. In 2011, the Hasina administration reportedly ousted him from his role as managing director of Grameen Bank. Hasina cited that he had exceeded the legal retirement age of 60. He also endured a smear campaign that alleged his support for homosexuality.The Hasina government has filed over 190 charges against Yunus. At 83 years old, he was awarded the Nobel Peace Prize in 2006 for his innovative work in alleviating poverty for millions. He established Grameen Bank. It offered small loans to the rural poor in Bangladesh. It is significantly aiding the country’s economic progress.Earlier this year, Yunus was convicted of violating labor laws. Furthermore, a Bangladeshi court accused him of embezzling $2 million from the workers’ welfare fund of Grameen Telecom. It has an interest in Grameenphone. Grameenphone is the largest mobile phone operator in the nation.In a social media video, Nahid Islam, confirmed that Professor Yunus has accepted this role in light of the current circumstances facing the country. He is a prominent figure among the movement’s coordinators responsible for the removal of Sheikh Hasina, “We have resolved to establish an interim government, with the esteemed Nobel Laureate Dr. Muhammad Yunus, who enjoys significant public support. He serves as the chief adviser,” Nahid of the Anti-Discrimination Student Movement declared.
