Hasina’s son accuses Grameen Bank of fraud
March 9th, 2011 - 2:55 pm ICT by IANS
Dhaka, March 9 (IANS) Bangladesh Prime Minister Sheikh Hasina’s US-based son Sajeeb Wajed has joined the row between the government and Grameen Bank, accusing the latter of fraud, theft and tax evasion, a media report said Wednesday.
Sajeeb has accused Grameen founder and Nobel Laureate Muhammad Yunus and his family of embezzlement, New Age said Wednesday quoting from an email sent to international agencies, rights bodies and US officials.
The report came a day after Yunus lost an appeal before the high court challenging his removal as managing director of Grameen Bank by Bangladesh Bank, the country’s central bank.
Sajeeb, who calls himself “Adviser to Sheikh Hasina”, confirmed being the source of the email, the newspaper said.
Sajeeb has accused Grameen Bank of using “draconian measures” to recover loans.
The bank denied the allegations, calling them “completely false”, “utterly misconceived”, based on “inaccurate facts” and misleading.
Media reports Wednesday carried reactions from prominent personalities suggesting that in dismissing Yunus’ petition, the high court had taken a narrow legal stand and ignored the contribution made by Yunus.
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- French president supports Grameen's Yunus - Apr 06, 2011
- Apex court confirms Yunus removal from Grameen Bank (Lead) - Apr 05, 2011
- Norway clean chit to Grameen Bank on funds transfer - Dec 09, 2010
- 'Charges against Muhammad Yunus politically motivated' - Feb 18, 2011
- Yunus's Grameen ouster verdict by Dhaka court Tuesday - Mar 07, 2011
- Bangladesh apex court confirms Yunus removal from Grameen Bank (Second Lead) - Apr 05, 2011
- Bangladesh court verdict on Muhammad Yunus plea Sunday - Mar 03, 2011
- Yunus moves apex court against removal from Grameen Bank - Mar 09, 2011
- Yunus remains Grameen Bank chief despite court verdicts - May 07, 2011
- Grameen Bank challenges government ownership claim - Feb 02, 2011
- Bangladesh's microcredit pioneer Yunus always spoke for poor (With Yunus loses appeal against ouster from Grameen Bank) - Mar 08, 2011
- 'Friends of Grameen Bank' defend Nobel laureate Yunus from aggressive govt attacks - Feb 17, 2011
Tags: adviser, allegations, bangladesh bank, draconian measures, email, embezzlement, fraud, loans, managing director, minister sheikh hasina, misleading media reports, muhammad yunus, new age, nobel laureate, petition, prime minister, prominent personalities, s central, tax evasion