Feature Img

downloadThis piece is not about whether Grameen Bank’s management practices have been lawful or not, nor is it about idolising Muhammad Yunus as the saviour of the poor. Instead, this piece is simply about the way the Government of Bangladesh is handling the status of Grameen’s founder (and his perceived threat for the ruling party).

For any dispassionate observer, the ouster of Yunus from an institution he founded and developed into a global symbol of self-help on the flimsy ground that he is past his legal retirement age is beyond comprehension. This is a scandal of stupendous proportion. This is Yunusgate.

Nobody would dispute the law’s autonomous course, but to any conscientious person the Bangladesh Bank’s abrupt application of an antiquated law to an iconic Nobel laureate with such flagrant disregard for national and international opinion smacks of personal vendetta and political machination.

This misstep is going to hurt the Awami League for years, both in electoral politics and international relationships. If the online commentaries in the last few days are any indication, the League has already managed to alienate a lot of Bangladeshis, who are politically independent-minded but generally lean toward the party. This is absolutely the wrong fight the Awami League needed right now. Who are the beneficiaries of this blunder? Ghulam Azam and the coterie of war criminals, who should be brought to justice for crimes against humanity.
Neutral observers know that there have been governance and transparency issues within Grameen, for it allegedly grew too invested in the cult of its founder. Researchers have noted Grameen’s unwillingness to disclose repayment records and respond to criticisms concerning excessive interest rates and repressive loan recovery policies. In January this year, the New York Times summed up the trouble in the microfinance industry with this opening salvo: “Microcredit is losing its halo in many developing countries.”

Given the turmoil, the Government of Bangladesh should have focused on trying to address larger regulatory problems within the microcredit industry and assess its effectiveness to alleviate poverty after four decades of performance. Instead, the Government chose to target

Yunus, hurling at him all kinds of epithets. Who wouldn’t be suspicious?
Because the idea of fighting against poverty has a universal appeal—inspiring from heads of states and peasants to queens and small entrepreneurs—Yunus has transcended nationality in ways Mandela has by virtue of his fight against social injustice. Therefore, the whole world is watching, with disgust, how the Yunus saga is unfolding. It is mortifying to think that we have made this monumental pettiness a world spectacle.

What is the need for this surging negative attention of the international media, especially when Bangladesh has in recent years been valourised by the world community for its economic growth, poverty alleviation, and women’s empowerment? The Government’s defiant and self-destructive indulgence in the political engineering of Yunus’ removal seems no less than public relations and foreign policy suicide.

The general tone of the global media in the past couple of days was of bafflement and shock. Canada’s Globe and Mail wrote on March 2nd: “Four short years ago, Muhammad Yunus joined the saintly ranks of Mother Teresa, Martin Luther King Jr. and Nelson Mandela as winner of the Nobel Peace Prize. This week, the same Nobel laureate found himself mired in the muck of Bangladeshi politics, a dizzying tumble for a man who US President Barack Obama said in 2009 ‘was just trying to help a village, but somehow managed to change the world.’ In a nasty turn of events, the central bank of Bangladesh said it had fired Dr. Yunus from the very microcredit institution he founded, Grameen Bank.”

Mary Ellen Iskenderian, president and chief executive of Women’s World Banking, summed up the illogic of the whole drama: “It’s really very, very concerning that in a country with the largest penetration of microfinance, where you have seen the poverty line shift upwards because of microfinance…to have that threatened for political purposes makes my heart sick.”

The absurdity of Yunus’ humiliation has created enough legroom for the international media to speculate wildly. The Economist, for instance, was unsparing in detecting a personal dimension in this tragicomedy: “Mr Yunus had become by far the most famous Bangladeshi in the world, usurping even the prime minister’s late father, Sheikh Mujibur Rahman, who led the country to Independence in 1971. According to those who know her personally, this was a bitter pill for Sheikh Hasina to swallow.”

If such impressions are percolating out there, wouldn’t one be a bit more careful and prudent not to spawn what would be a predictable reaction in the media? Do the government functionaries surrounding the prime minister read at all the media coverage of what is quickly morphing into an international scandal? Do they convey to the prime minister how the political and economic repercussions of this misstep might soon be too much to absorb?

A few possible scenarios in the wake of Yunusgate are these:
First, the Awami League is likely to lose a great many voters in the next election, especially rural women, the predominant beneficiaries of microcredit. According to a study published from Columbia University in 2004, in the 1996 general election for the first time in Bangladesh history more women than men voted, a phenomenon that explains why Jamaat-e-Islami lost 14 of its 17 parliamentary seats after the fundamentalist party mounted opposition to microcredit and women’s rights. If micro-lending falters from this moment on, rural women will remember what caused it.

Tired and embarrassed of what is frequently being touted globally, “the muck of Bangladeshi politics,” the educated urban middle-class in Bangladesh and abroad is not going to forget the ill treatment of a person they consider, openly or covertly, the most viable alternative to traditional politics mired in bickering and meanness. It is time that the League became a bit introspective. The 1960s’ style activist politics needs recalibration with new realities: rapid and easy access to information, Facebook, YouTube, and, most important, the fact that people of all walks of life are now much more empowered to think independently. A singular hegemonic state ideology doesn’t cut it anymore. Cadre-based politics simply won’t work in the future. The politics of the future will have to rely heavily on consensus-building.

Second, the government’s morbid lack of civility in treating Yunus will create a global image crisis for Bangladesh. Powerful figures across the world have already reacted sharply. The size of the world voluntary organisation called Friends of Grameen is growing rapidly, and its chair, Mary Robinson, former President of Ireland and former United Nations High Commissioner for Human Rights, has vowed to mobilise the world opinion in favour of Yunus’ work. Among others, Michel Camdessus, former Managing Director of the International Monetary Fund, has recently joined the group. Therefore, the impact of Yunusgate on donors’ attitudes toward Bangladesh will be significant, despite Foreign Minister Dipu Moni and Finance Minister Muhith’s monosyllabic assertion otherwise.

Third, this is going to be a terrible governance precedent. The Awami League may mobilise its grassroots cadre and state machineries to demonise Yunus, and it may yield short-term gains, but in the long run this misadventure will discredit the democratic institution-building capacities of the nation-state. It will choke the political and intellectual progress the country has made in the last two decades or so.

Finally, the vibrant not-for-profit micro-lending industry (its problems notwithstanding) that has once elevated the stature of Bangladesh in the eyes of the world community will bear the brunt of this eccentricity and self-destructive paranoia. Who wins in such a situation? For-profit micro-lending banks like Compartamos (a Mexican bank that went public in 2007) and SLK (the largest microfinance bank in India to go public last year).

It is going to be a real tragedy to think that someday soon Bangladeshis will recall Professor Yunus’ melancholy face to gauge the success and failure of the Awami League government this time around. It is time the League came to its good senses and stood up for its principles.
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Adnan Morshed, PhD, teaches at the Catholic University of America in Washington, DC.

50 Responses to ““Yunusgate””

  1. Sajjad

    People will take sides,regardless.
    The fact that Dr.Yunus stands tall and firm ,and does not need to lean on any side, is THE FACT.

  2. GK

    An excellent, well thought-out article. One would hope that the government functionaries surrounding the prime minister would pay attention to many such articles that are being published locally and globally. However, it’s sad to say, those people either don’t read at all or are incapable of comprehending what the whole world is saying. In either case, they fall in the same category as being completely illiterate. Their arrogant attitude also demonstrates a total disregard for human decency, which equates them to the likes of tyrannical dictators like Gaddafi. It’s a shame, we are allowing these kinds of people govern our country (or as eminent people like Iqbal Quadir would say, encaging the tigers!). How badly the people surrounding the political leaders (on both sides) lack personal integrity, is illustrated by the comment made by the Attorney General of the country. How could he say in public that the Nobel Peace Prize should have been awarded to Hasina, not Prof. Yunus. How ignorant can you be and what can you expect from shameless people like these who would do or say anything to please the boss?

    • Badiuzzaman Nasim

      It is an article in favor of
      Prof. Yunus – based on very
      sound arguments.

      Thanks, Dr. Morshed!

      -Nasim
      Boston

  3. Haider

    It would be very interesting to know the names of the advisors of the Prime Minister behind this fiasco. If it is only the PM and her Himalayan ego that had been the driving force behind this self-destructive move, then two conclusions can be reached: one, there is no one in Awami League who can reign in PM’s death wishes and the other is AL is effectively abetting a dictatorship under its garb. In both the cases it does not bode well for AL, the vast constituency who would like the war criminals tried.

  4. Humayun Kabir

    Dr. Adnan has aptly echoed hundreds of thousands of Bangladeshis, living home and abroad, who feel ashamed at the shameless attack on Dr. Yunus– the only living respected personality with highest international recognition. We are unable to resposnd to numerous queries that our international colleagues ask why we have been dealing so shabily with our one and only Nobel laureate.

    • Haider

      It would be very interesting to know the names of the advisors of the Prime Minister behind this fiasco. If it is only the PM and her Himalayan ego that is the driving force behind this self destructive move, then two conclusions can be reached: one, there is no one in the League who can reign in PM’s death wishes and the other is AL is effectively abetting a dictatorship under its garb. In both the cases it does not bode well for AL, the vast constituency who would like war criminals to be tried and above all the country.

  5. R Rahman

    The writer seems to fall under the category of ‘who would generally support the League’.

  6. Moin Chowdhury

    Absolutely brilliant article written by Dr Adnan( whom I know as Zillur Bhai-Faujian)! The analysis is so well-thought out..

    Great piece of article!

  7. Mushtaq Ahmed

    We are at the edge of a tsunami in the micro-credit sector, are we ready for that?

  8. Dr. Hasanat Husain

    Protesting the Dismissal of Nobel Laureate Dr. Md. Yunus

    We, the undersigned members of the international community of Bangladeshis, are deeply shocked by the recent dismissal of Nobel Laureate Dr. Yunus from the Grameen Bank, an institution he founded and shepherded for the betterment of poor Bangladeshi women.

    The action by the Bangladesh Bank is an example of government overreach. Even if Dr. Yunus recently passed the retirement age, Grameen Bank’s Board of Directors should have had the option to work out a graceful transition for him.

    Dr. Yunus is a distinguished citizen of Bangladesh and a model citizen of the world. His work is recognized by numerous national and international organizations. His micro-credit model is emulated in five continents. It has lifted millions of women and their families out of poverty and empowered them to become dynamic entrepreneurs.

    Every Bangladeshi is proud of Dr. Yunus’s Nobel Peace Prize and the renown it has brought to our motherland. It is time we learned to respect a son of the land who has earned high honors and recognition around the world.

    The sudden and disrespectful dismissal of Dr. Yunus is unfortunate and unacceptable. It has caused deep concern world-wide and has tarnished the image of Bangladesh as a progressive and democratic country.

    We deplore this action by the Government of Bangladesh and demand the immediate reinstatement of Dr. Yunus.

    Dr. Hasanat M. Husain MBE, Convenor, Voice for Justice World Forum, UK
    Shah Jahan, Voice For Justice, New Jersey, USA
    Dr. Hasan Z Rahim, Voice For Justice, San Jose, California, USA
    Dr. Sajedur Rahman, Voice for Justice, Sydney, Australia
    Dr. Taj Hashmi, Voice For Justice, Honolulu, USA
    Dr. Shamsul Islam Choudhury, Voice For Justice, Chicago, USA
    Mr. Enam Choudhury, Voice for Justice, Stockholm, Sweden
    Dr. Abdur Rahman, Voice for Justice, Limerick, Ireland
    Dr. Hasan Mahmood, Voice For Justice, Toronto, Canada
    Dr. Jasmine Tickle, Voice For Justice, Cambridge, UK
    Mr. Mustafa Choudhury, Voice For Justice, Ottawa, Canada
    Dr. Matin Ahmed, Voice For Justice, California, USA
    Mr. Ezajur Rahman, Voice For Justice, Kuwait
    Mr. Abdur Rahman Chowdhury, Voice For Justice
    Dr. Mosleh-Uddin Ahmed, Voice For Justice, New Jersey, USA
    Mr. Gulzar Ahmed, Voice For Justice, Vienna, Austria

    • Mohammad Zaman

      How about having a facebook to promote justice for our dear Prof. Yunus

    • am jonota

      This is interesting.

      I am confused thinking where are all the millions Dr. Yunus saved from poverty. How come they are not protesting.

      I see all people in this protest statement has salutation before after their name and all from outside Bangladesh. I don’t think any of them had to experience the great “Micro Lending” phenomena. At least no one committed suicide failing to pay back the “micro loan”, there is no “Late” salutation.

      Dr. Yunus wanted to play “politics”. Now that he is loosing, he is crying foul. In the playing field of “dirty” politics of Bangladesh, there is no foul. Hold on, he wanted to play politics in a slanted field without any opposition, he wanted a walk-over. Unfortunately that did not happen, he walked out of the field. In Love and War, there is no right and wrong, in Bangladesh, politics is War. I think if BNP were in power now, they would have done the same…. take revenge and remove potential adversaries.

      Most of the Nobel Peace prize winners were Politicians, (i.e. Obama, Carter, Begin, Yasir Arafat, Mandela, Aung Sung Su Ki, ….). I wonder how Dr. Yunus gets a Nobel Peace prize and wants to play politics and still claim that he is not a politician.

      By the way, what do the above dignitaries think of the Dr. Yunus’ nepotism. Providing interest free loan and free management services from Grameen to his father’s company. Appointing his own brother to be the spokesperson of his political party, and that was the only appointment for his failing political endeavour. Above all, flaunting the law of the land then trying to lobby to become the chairman.

      He portrayed a squeaky clean image, alas he was not that clean. He could have stayed clean if he wanted to, he chose not too. He wanted to create his own fiefdom like all the other “dirty” politicians of Bangladesh do.

      It is unfortunate, but true… think about it.

      • Saleh Tanveer

        That’s partly because of goons of the organizations associated with AL out there forcibly breaking up the human chains. For the poor, with little expectation of justice, it takes some courage to be out there. They do not have the protection of relatives in high places. The fact that some dared to go out in a human chain, despite the huge risk involved, is the big story not why many others didn’t.

  9. suja

    “Right on the money” sir!
    Thanks a lot for saying “the fact that people of all walks of life are now much more empowered to think independently. A singular hegemonic state ideology doesn’t cut it anymore. Cadre-based politics simply won’t work in the future. The politics of the future will have to rely heavily on consensus-building.”
    How long will we have to wait for a wise leadership?

  10. awed

    someone who teaches at the Catholic University of America is telling us what to do and about ourselves? i would have thought we stay-at-homes would have better knowledge about what is happening in our country…

    • m. Islam

      Replying the comment from “awed”.
      Living in overseas often makes someone more conscious about his/her own country in many ways. A conscious citizen is always conscious, no matter where he lives. Dr Adnan Morshed has been always quite involved intellectually with Bangladesh’s matters. So I disagree with your comment, whoever you are, that someone teaching in Washinton doesn’t have the capacity to suggest what is right for Bangladesh. What a silly and ignorant comment!

    • Saleh Tanveer

      What does that have to do with Catholic University? Would it change your mind if the same thought came from a professor from another university ?

  11. Fareeha Sultana

    Thanks for such a wonderful piece of writing Dr. Adnan! This venegence game of our Prime Minister and her so called “Well-Wishers” will just benefit none. She is not only tarnishing her image, but the image of our beloeved country Bangladesh. Awami League claims they are the only ones who love Bangladesh and brought freedom to this country. Now the whole world is watching shockingly the extent of their love and patriotism (sarcasm intended).

    I believe if an educated philanthropist like Dr. Yunus is not being allowed to be the MD of Grameen Bank just because he is above 60 years, then how can Sheikh Hasina, being 63 years, deserves to be the prime minister of Bangladesh.

    Dr. Yunus is one of the most ethical and esteemed persons in Bangladesh. He has brought a lot of positive images for our country. I feel maybe it is our bad luck that we are not being able to maintain that respect due to some political leaders’s whimsical power plays.

  12. Adnan

    Who benefits from the turmoil in Grameen Bank? The Indian microfinance entities. Is this another part of the grand scheme of AL to appease the Indians? Bangladesh triumphs India in global microcredit initiatives and it rankles New Delhi. AL should realise that even India relies on the favours of the US. Making an enemy of the US in a time of rising food prices is akin to the self-destruction of the Bangladesh cricket team. If the US stops food supply there will be a famine and history will repeat itself.

  13. Momin

    Professor Yunus has dignified Bangladesh. He created the Grameen Bank and led it for 30 years with extraordinary endeavor and capacity before it got the highest recognition the Nobel Prize for him and for itself. Now he is trying to reshape the world by his theory of ‘social business.’

    He still works very hard, is younger than many young people, and is almost never reported to have been ill. So why do we need to replace him? Shouldn’t he be allowed to run the bank created by himself as long as he is capable of looking after it?

  14. Qazi Nazrul Huque

    Yunus has dignified Bangladesh and its people not only with the Nobel Prize that he and his Grameen Bank earned but also by creating a favourable image of Bangladesh all over the world. He is a national hero and next to Bangabandhu. Grameen Bank was created by him. It should be left with him. Physically he is quite fit and can work more than many young people. Why should we ask him to leave?

  15. Anam

    According to Mr. Rafiqul Alam, DGM of PKSF (A government organisation), Grammen Bank is the only MFI who’s effective lending rate is 10 percent. He mentioned it in Grameenphone Tritiyo Matra.

    According to Dr. Baqi Khalili, micro credit has reduced poverty annually by 1 percent in the last 13 years. But. Farasuddin Ahmed (Ex-governor of BB) said, in Desh TV yesterday, that, “after liberation people under poverty was 6.5 crore, but now it is around 8 crore. So, where is the effect?

    Of microcredit? Percentage doesn’t mater, how many people were elevated from poverty is what matters.

  16. Ali

    All these general consensus don’t mean a fig to the powerful. Whereas scores of laws concerning the wellbeing and basic rights are being shamelessly flouted daily, is anyone really concerned? By doing forcibly away with Dr. Yunus on flimsy grounds, are the poor beneficiaries going to be ‘alleviated’ from poverty? If so, my total support will be with the action. However, impartial judicial verdict is awaited by the whole world on the issue. Let us hope dignity of all, including the nation, prevails.

    Thanks to Dr. Adnan Morshed for the write-up.

  17. Farseem Mo

    “The Government’s defiant and self-destructive indulgence in the political engineering of Yunus’ removal seems no less than public relations and foreign policy suicide.”
    A careful and politically correct observation. While the govt had many important issues, for example the trial of the war criminals where it will need intl support, has done something to negate its own initial cause. What a ‘suicide’ !

  18. RZ

    Two quick questions to the author.

    1. Shouldn’t have Dr. Yunus stepped aside as soon as the controversy surfaced over his fund mismanagement?

    2. Knowing that League’s act can hurt the poor people of Bangladesh in general, shouldn’t Dr. Yunus made a generous move by stepping aside and not letting this whole nuisance dragging on for such a long time?

    !!!!!!!IT TAKES TWO FLINTS TO MAKE A FIRE!!!!!!!

  19. Saif Shahid

    Dr. Morshed,

    Another well written article. I received the following from one of my friends from Australia:

    Dr. Mushfiq Rahman has written – “Prof Yunus has done more for Bangladesh than any of his adversaries who have hounded him and finally succeeded in striking him down. This will be Bangladesh’s Brutus moment. Yunus will loom large in Bangladesh’s history. The puny politicians who struck him down will at best be in the footnotes.”

  20. joena ahmed

    ” For any dispassionate observer, the ouster of Yunus from an institution he founded and developed into a global symbol of self-help on the flimsy ground that he is past his legal retirement age is beyond comprehension”
    I am a dispassionate observer. This is a simple violation of law and it applies to everyone whether he is a Nobel laureate or a pauper.
    This may baffle Mr Morshed but does not baffle anyone who thinks logically and ethically!

  21. MBI Munshi

    I have to disagree with the tenor and perspective of this article by Dr. Adnan Morshed. Do we want a nation governed by laws or personalities? The Awami League by asserting a particular and specific law against Prof. Yunus has simply advanced the cause for a law based society. Thus far we have had to tolerate a disordered and disorganized system based on personality, money and muscle. If the government decision against Yunus is to be impugned it should be on the grounds that the laws are not applied consistently. The rule of law requires that laws not be applied arbitrarily, there should not be any abuse of power; and finally that laws should be applied equally, impartially and fairly for all the citizens of this country. There are many examples under this government where none of these have actually happened but instead commentators are focusing on the single and erroneous example of Yunusgate. This does not advance the cause for a rule based society.

  22. DHAKABashi

    “Nobody would dispute the law’s autonomous course, but to any conscientious person the Bangladesh Bank’s abrupt application of an antiquated law to an iconic Nobel laureate with such flagrant disregard for national and international opinion smacks of personal vendetta and political machination.”

    This statement, in itself, reveals how biased this writer is. Is the Law “blind”? Or should it be applied differently, according to the “status” of the presumed guilty?

    Looks like Phd’s are blind too!!!!!! Whereas education is supposed to enlighten one!

  23. Matiur Rahman

    On some counts, the author is right.Dr. Yunus brought it on himself, largely.People trusted him blindly without scrutiny. Now he is under a microscope, as he should have been long time ago. Now, we hear a lot from his eminent lawyers about GB Board. Look at its qualitative composition that tells all about his unchecked influence and behind the scene ability for manipulation.

    • Ezajur Rahman

      No. This was largely brought on Dr Yunus by jealous and vindictive type people in the ruling party. Who are you trying to kid here? We all know how Bangladesh operates. The day you can turn your microscope toward your own political party is the day you can talk logically about microscopes.

  24. Rahman

    Thanks for nice the comments by Adnan Morshed.

    We are stuck in a place in regards to dealing the issue of Dr Yunus for past few weeks that was only possible in the 60s or 70s. The international order took a different shape where people can think with much freedom and greater perspectives.

    What a shame for a nation that earned so much of respect from every corner of the globe through Nobel Prize won by Grameen Bank and its founder. While residing in Singapore for past 15 years, I first time witnessed how an Imaam (a Singaporean Malay) praised Bangladesh for winning the Nobel prize by Dr Yunus during prayer at Jaamat in Eid-ul-Fitr in 2006. It was before very common and ironic that Singaporeans had an impression that Bangladesh is a very poor country having flood, political chaos, lack of education and corruption.

    But Dr Yunus gave us the mandate to stand firm with great pride on that very day. From that day onwards we, the Bangladeshis used to quote Dr Yunus’ name whenever encountering any issue that was humiliating our country. Now politically and democratically elected Awami government is trying tarnish the image of Bangladesh.

    I have nothing to say about the dirty game being played by present Awami League-led government with Dr Yunus. They should understand the message of common people like what I have cited above how Dr Yunus brought us dignity to stand firm as a prestigious nation before the international community.

  25. Md Mostafizur Rahman

    Yunus earned prestigious Nobel prize while Hasina achieved MDG award from an NGO (hhtp://mdgawards.org ). You can be different categories of membership of the NGO by paying the organization different amount of money.

    The ceremony was held in a New York Hotel. Generally, the permanent representatives of the failed states that received this award took the award for their country. It was shameful for Bangladesh to accept this award and Hasina joining the ceremony. However, it was heard many times from the press secretary of Hasina that Obama and Hillary Clinton congratulated Hasina for receiving this award. This congratulation by USA president or secretary of state cannot be found in any newspaper article or official briefing of USA government. There is only one instance of this congratulation of Hasina by Obama can be found in the article of a lobbyist in the blog of USA state deparment.

  26. atiq

    Our politicians strongly beleive that, this country has no future at all. Thus, they are busy to make their own future. They donot care what outside world is talking about them or How it will harm the national interest.

  27. Nabil

    Very well written. We abhor the use of state instruments for personal and political vengeance.

  28. yousef

    When someone is American friend, we suspect another Hamid Karzai in the making.

    • Ezajur Rahman

      I suppose we can’t blame you for comparing Bangladesh to Afghanistan!

  29. MK

    It seems our government is so powerful that they don’t care about the reaction of international community. Is it the only problem in Bangladesh right now. The government claims that they are trying to enforce the law whereas hundreds of laws are being violated by the government machinery in various spheres. My question is that if any of the foreign media publish any news of corruption (as the way Norwegian Documentary did against Dr.Yunus) against the present government, will our prime minister/finance minister going to resign? With the removal of Dr.Yunus, poor Bangladeshis will be the main sufferers. But again, do our politicians care about them?

    • Shahidul Islam

      Bangladesh has many problems. Government’s action against Yunus is to divert people’s focus on Yunus and threat other people who differs with the rulling party.

  30. Iftekhar

    Till now Yunus scored 10, Hasina scored 0. Today, we saw Hasina’s son also joined the fight. What can we say “like mother like son”. Hasina, Joy, Muhith, Dipu Moni, Mahbub-e-Alam all seem to have ganged up against Yunus and GB.

    • Ali

      Let us all request the Nobel Committee to come up with a NEW Nobel prize and bestow it upon the most deserving.
      That is likely to settle the score!

    • m

      We will see how Joy reacts when IRS starts audit of his tax returns.

      • Namir

        Really, does he file for US tax?? And who will dare audit him! Filing for US taxes will make him cooperate with US Govt. and Chevron…

  31. sarwar

    “It is time the League came to its good senses and stood up for its principles.”

    Dr. Morshed – what principles are you talking about? There isn’t any.

    • Akhtar

      It seems if Rabindranath Tagore got his Nobel Prize after the independence, we probably would have done the same with him as we are doing with Yunus arguing his works are not inspiring, etc. We are the most ignorant people in the world. We can’t seem to differentiate good from bad.

  32. zahir

    Fantastic ! You are right on with with the statement “ The politics of the future will have to rely heavily on consensus-building.“

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