Yunus

Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case

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DHAKA, Bangladesh — A court in Bangladesh on Sunday granted bail to Nobel laureate Muhammad Yunus in a $2.3 million embezzlement case. Yunus, who was awarded the Nobel Peace Prize in 2006 for pioneering the use of microcredit to help impoverished people, was sentenced to six months in prison in January on a separate charge … Read more

Bangladesh court sentences Nobel laureate Yunus to 6 months in jail for violating labor laws

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DHAKA, Bangladesh — A labor court in Bangladesh’s capital sentenced Monday Nobel Peace Prize winner Muhammad Yunus to six months in jail for violating the country’s labor laws. Yunus, who pioneered using microcredit to help impoverished people, was present in court and was granted bail. The court gave the defense 30 days to appeal. Grameen … Read more