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Yunus Cleared in Graft Case After Becoming Bangladesh Leader

Yunus Cleared in Graft Case After Becoming Bangladesh Leader


Bangladesh’s chief Muhammad Yunus has been acquitted in a graft case filed by the nation’s Anti-Corruption Commission, simply days after he was sworn in to run an interim authorities following the ouster of Sheikh Hasina.

A particular court docket in Dhaka acquitted the Nobel Prize-winning economist together with 13 different individuals, The Daily Star reported on Sunday, citing an official with the anti-graft fee. If he was discovered responsible of cash laundering in that case, Yunus confronted the chance of life imprisonment.

A day earlier than he was sworn in because the chief adviser to the interim authorities with prime ministerial powers, Yunus was acquitted in a labor violation case wherein he had been sentenced to 6 months in jail. Human-rights legal professionals have described each the instances as politically motivated.

Read More: From ‘Banker to the Poor’ to ‘Bloodsucker’: The Sorry Saga of Nobel Laureate Muhammad Yunus

Abdullah-Al-Mamun, a lawyer for Yunus, didn’t reply to calls from Bloomberg News. 

It’s a swift reversal of fortunes for Yunus, 84, whose supporters say former prime minister Sheikh Hasina was behind the authorized strain. He had been regularly portrayed as a nemesis to Hasina, who as soon as accused Yunus of “sucking blood from the poor.” Yunus has referred to as her downfall a “second liberation” to the nation.

After Hasina, 76, fled the nation final week following a student-led rebellion, the protesters’ consideration turned to her loyalists within the judiciary and the central financial institution. Chief Justice Obaidul Hassan resigned as protesters referred to as for all of the judges to step down whereas Bangladesh Bank Governor Abdur Rouf Talukder stepped apart.

Yunus’s interim authorities must shore up the economic system, which is extremely depending on a large garment-export sector and now a $4.7 billion program from the International Monetary Fund. Foreign forex reserves should be stabilized after dropping to $20.5 billion final month from a peak of $48 billion about three years in the past.

Read More: What to Know About Muhammad Yunus and Bangladesh’s Uncertain Future

A microfinance pioneer, Yunus is untested as a political administrator, including to the uncertainty on how he’ll go about rebuilding a rustic of over 170 million individuals. He has spent the primary days in his new function urging for calm and warning in opposition to assaults on minority teams within the principally Muslim nation.

Yunus and the advisory council mentioned the assaults on spiritual minorities over the weekend to work with the representatives of those teams to “discover methods to resolve such heinous assaults.” The talks are happening as minority Hindu teams staged rallies throughout the nation for a 3rd day on Sunday, demanding for cover and justice.

Members of minority communities confronted no less than 205 assaults in 52 districts since Hasina’s downfall, based on information compiled by Bangladesh Hindu Buddhist Christian Unity Council.

The police have referred to as an finish to their strike on Sunday after Sakhawat Hussain, who heads the house ministry, gave them a stark selection: return to work by this Thursday or lose their jobs.

Human Rights Watch stated the scenario for minorities, significantly the Hindus, is extraordinarily harmful, and it’s essential that public order is restored on the earliest. 

“There isn’t any police presence in lots of locations to make sure their security after policemen had been focused in reprisals for years of abuse underneath the Hasina authorities, together with throughout the current scholar protests,” stated Meenakshi Ganguly, deputy Asia director with the Human Rights Watch. 

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Written by EGN NEWS DESK

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