Team Blitz India
NEW DELHI: Bangladesh’s Noble laureate economist Dr Muhammad Yunus was sentenced to six months in jail by a Bangladesh court on charges of violating the labour laws, a development termed as politically motivated by his supporters.
The 83-year-old economist won the Nobel Peace Prize in 2006 for his anti-poverty campaign, earning Bangladesh the reputation of being the home of microcredit through his Grameen Bank, which he founded in 1983.
Yunus and three of his colleagues in Grameen Telecom– one of the firms he founded– were accused of violating labour laws when they failed to create a workers’ welfare fund in the company.
The Third Labour Court Judge Sheikh Merina Sultana ordered Yunus to serve six months of simple or non-rigorous imprisonment for violating the law as the Grameen Telecom chairman, along with three other executives of the social business company.