Skip to content
Search

Latest Stories

Muhammad Yunus says corruption claims are ‘media fabrications’

The Nobel laureate is credited with lifting millions out of poverty with his pioneering micro-credit bank

Muhammad Yunus says corruption claims are ‘media fabrications’

THE Nobel peace laureate Muhammad Yunus has condemned what he says is a smear campaign driven by “powerful quarters”, saying news outlets in Bangladesh have falsely accused him of corruption.

Yunus, 83, is credited with lifting millions out of poverty with his pioneering micro-credit bank. However, he has fallen afoul of prime minister Sheikh Hasina, who has accused him of “sucking blood” from the poor.


State-run media, news websites and social media have accused him of corruption and of financially aiding Israel, a flashpoint issue in Muslim-majority Bangladesh, which does not recognise the country.

“I don’t want to name names, but I believe these are backed by powerful quarters”, he said, adding that he categorically denied the reports.

Yunus, who rarely comments on Bangladeshi matters after a brief foray into politics in 2007, said he was compelled to speak out after repeated allegations of corruption in an apparently coordinated media campaign.

“We have seen a network of social media pages and websites produce numerous false and fabricated content with distorted photos and videos targeting me,” he said. “They even attributed false quotes to me.”

Hasina, 76, is readying for general elections due by the end of January. She has been accused of ruling Bangladesh with an iron fist and the United States has sanctioned some of the south Asian nation’s most senior poice figures for widespread human rights violations.

The past year has seen a series of huge rallies against Hasina’s administration by protesters demanding that a neutral caretaker government preside over the elections. Hundreds of senior political opposition leaders have been arrested, with top figures charged with murder after a policeman was killed during recent anti-government protests.

The government has “cracked down on dissenting voices”, said Abdullah Al Mamun, a professor of journalism at the University of Rajshahi, calling the Yunus smear campaign “disgraceful”.

“Yunus has become a significant target because of his good ties with the Americans, who have ratcheted up pressure on the government for a free and fair election”, he said.

Bangladeshi media quoted a top official from Hasina’s ruling Awami League, AJM Nasir Uddin, claiming Yunus had donated $10 million (£8.17m) to Israel. However, he did not reply to requests asking for more details about his comment.

The Bangla Insider website said in its story that information on the alleged donation came from an Israeli foreign ministry statement. But the ministry told reporters that no such statement exists.

The Bangla Insider editor Syed Borhan Kabir did not provide further information for his report, which Yunus dismissed as “fake news”.

“I ignored the campaigns with the hope that it will stop on its own. But in recent months the disinformation and smear campaigns have worsened to an unprecedented level,” Yunus said.

Yunus won the Nobel Peace Prize in 2006 for founding the Grameen Bank, which is credited with helping eradicate extreme poverty in Bangladesh by offering micro-finance loans to tens of millions of rural women.

He is now bogged down battling 175 separate criminal and labour tribunal cases related to social business firms he set up to create jobs and bring services to the poor.

His lawyers say he is innocent of all charges and decry the cases as government harassment.

Yunus appeared in court last Thursday (9) for a case in which he is accused of violating labour laws.

If found guilty, he faces up to six months in jail.

In August, 160 global figures including former US president Barack Obama and ex-UN secretary-general Ban Ki-moon published a joint letter condemning the “continuous judicial harassment” of the micro-credit pioneer.

The signatories – including more than 100 of his fellow Nobel laureates – said they feared for “his safety and freedom”. (AFP)

More For You

ve-day-getty

VE Day 80 street parties, picnics and community get togethers are being encouraged to take place across the country as part of the Great British Food Festival. (Photo: Getty Images)

Public invited to attend VE Day 80 procession and flypast

THE 80th anniversary of Victory in Europe (VE) Day will be marked with a military procession in London on May 5.

The event will include over 1,300 members of the Armed Forces, youth groups, and uniformed services marching from Parliament Square to Buckingham Palace.

Keep ReadingShow less
Knife crimes

Knife-enabled crimes include cases where a blade or sharp instrument was used to injure or threaten, including where the weapon was not actually seen.

Getty Images/iStockphoto

Knife crime in London accounts for a third of national total: ONS

KNIFE-RELATED crime in London made up almost a third of all such offences recorded in England and Wales in 2024, with the Metropolitan Police logging 16,789 incidents, according to figures released by the Office for National Statistics (ONS) on Thursday.

This amounts to one offence every 30 minutes in the capital and represents 31 per cent of the 54,587 knife-enabled crimes reported across England and Wales last year. The total number marks a two per cent rise from 53,413 offences in 2023.

Keep ReadingShow less
Starmer and Modi

Starmer and Modi shake hands during a bilateral meeting in the sidelines of the G20 summit at the Museum of Modern Art in Rio de Janeiro, Brazil Brazil, on November 18, 2024.

Getty Images

Starmer calls Modi over Kashmir attack; expresses condolences

PRIME MINISER Keir Starmer spoke to Indian prime minister Narendra Modi on Friday morning following the deadly attack in Kashmir’s Pahalgam region that killed 26 people on Tuesday.

According to a readout from 10 Downing Street, Starmer said he was horrified by the devastating terrorist attack and expressed deep condolences on behalf of the British people to those affected, their loved ones, and the people of India. The two leaders agreed to stay in touch.

Keep ReadingShow less
 Post Office Horizon

A Post Office van parked outside the venue for the Post Office Horizon IT inquiry at Aldwych House on January 11, 2024 in London, England. (Photo: Getty Images)

Getty Images

Post Office spent £600m to keep Horizon despite plans to replace it: Report

THE POST OFFICE has spent more than £600 million of public funds to continue using the Horizon IT system, according to a news report.

Despite deciding over a decade ago to move away from the software, the original 1999 contract with Fujitsu prevented the Post Office from doing so, as it did not own the core software code, a BBC investigation shows.

Keep ReadingShow less
Pahalgam attack: Prayer meet held at Indian mission in London

The prayer meet was led by Indian High Commissioner to the UK Vikram Doraiswami

Pahalgam attack: Prayer meet held at Indian mission in London

Mahesh Liloriya

A PRAYER meet was held at the Gandhi Hall in the High Commission of India in London on Thursday (24) to pay respects to the victims of the Pahalgam terrorist attack.

Chants of ‘Bharat Mata Ki Jai’ rang out at the event which was led by Indian High Commissioner to the UK Vikram Doraiswami.

Keep ReadingShow less